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A whale opened a $31.08 million 40x Bitcoin short position on Hyperliquid

2026.07.08 - 03:20
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TechFlow news, July 8, according to on-chain analyst Onchain Lens (@OnchainLens) monitoring, whale address 0x77ee opened a 40x Bitcoin short position on Hyperliquid, with a position size of 493 BTC, totaling approximately $31.08 million, entry price at $63,240.9, liquidation price at $73,859.9, and current unrealized profit of approximately $111,400.

The wallet currently has a total exposure of $79.88 million across 15 positions, 92% of which are short positions, with a historical cumulative PnL of a $5.71 million loss.

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