TechFlow News, June 18: According to Hyperinsight monitoring data, as of press time, only one whale on the Hyperliquid platform has opened and maintained a Bitcoin position valued at over $10 million today. This whale previously took a long position in crude oil during the U.S.-Iran conflict and incurred substantial losses before exiting the market and remaining inactive for approximately two weeks.
Last night, this address re-deposited $465,000 into Hyperliquid and initiated a short position on 237.6 BTC with 30x leverage. The position’s notional value is approximately $15.1 million, with an average entry price of $65,207 per BTC. As of now, the short position has generated roughly $320,000 in unrealized profit, representing a 63% return. The whale plans to trigger a market-stop loss if BTC rises to around $71,604.
