TechFlow news, October 27 — According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale who has shorted BTC four consecutive times since March 2025 currently holds the largest BTC short position on Hyperliquid.
The whale is holding a $138 million BTC short position and is now facing a floating loss of $5.526 million due to BTC's rapid rebound. Previously, the whale took profit on 40% of the position after the flash crash on October 11. One hour ago, the whale added 2 million USDC in margin to Hyperliquid, raising the liquidation price to $120,804.7.




