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A whale shorted $49 million worth of BTC on Hyperliquid, less than $900 away from the liquidation price
Svmuu News: According to on-chain analyst Yu Jin, as BTC rebounded to above $65,000, a whale shorted $49 million worth of BTC on Hyperliquid, with the position less than $900 away from the liquidation price. With a liquidation price of $66,153, the whale had shorted 750 BTC at $59,941 in late June and is currently facing an unrealized loss of $4 million.
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