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The whale holding 502.65 BTC short positions on Hyperliquid added 1 million USDC as margin 7 hours ago

The whale holding 502.65 BTC short positions on Hyperliquid added 1 million USDC as margin 7 hours ago

Bitget2025/03/07 17:47

According to on-chain analyst @ai_9684xtpa, the address 0x5D2...39Bb7 opened a 20x short position on Hyperliquid at the recent peak of BTC's rebound on March 3rd. It did not close its position even when it fell to $81,500, with floating profits reaching as high as $7.2 million at its peak.

The individual currently still holds a short position of 502.65 BTC (approximately $45.01 million), with an opening price of $95,824.5 and a liquidation price of $102,730. The current floating profit is now $3.15 million and he added another one million USDC in margin to Hyperliquid seven hours ago.

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