On-chain data shows that the Hyperliquid 50x leverage whale just added 5 million USDC to a 40x BTC short position, with a current holding of 4522.84 BTC, equivalent to about $380 million. The liquidation price has risen to $86,593.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.