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TechFlow news, December 6: On-chain analytics platform Arkham posted on X stating that the bearish Bitcoin whale kyoyo.eth currently holds a position worth approximately $80 million, with unrealized profits reaching around $20 million. This whale has previously opened multiple BTC short positions on Hyperliquid and at one point achieved gains of $54.7 million from shorting Bitcoin. The whale has not yet chosen to close the position.
On-chain analysis platform Arkham posted on X stating that the Bitcoin short whale kyoyo.eth currently holds a position worth approximately $80 million, with unrealized profits reaching around $20 million. This whale has previously opened multiple BTC short positions on Hyperliquid and once accumulated gains of up to $54.7 million from shorting Bitcoin. The whale has not yet chosen to close the position.
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