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TechFlow news, on November 10, according to on-chain analyst Ember (@EmberCN), a whale address 0x7b7 transferred 7 million USDC into Hyperliquid three days ago to short BTC. After multiple stop-losses, only $560,000 remains, resulting in a loss of $6.44 million. The maximum amount of BTC shorted by this whale reached 2,222 BTC (worth $226 million), and after several stop-losses, 300 BTC (worth $31.87 million) remain.
According to on-chain analyst Ember (@EmberCN), three days ago, a whale address 0x7b7 transferred 7 million USDC into Hyperliquid to short BTC. After multiple stop-losses, only $560,000 remains, resulting in a loss of $6.44 million. At its peak, the whale held short positions on 2,222 BTC (worth $226 million); after several stop-losses, it currently holds 300 BTC short (worth $31.87 million).
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