Hyperliquid 50x leverage whales continue to increase short positions, BTC short positions are worth $330 million, and the liquidation price is $84,745

Odaily News On-chain analyst Yu Jin Monitoring said that Hyperliquid's 50x leveraged whale continued to increase its short positions and currently holds BTC short positions worth 330 million.

Specifically, the whale used 7.016 million USDC as margin on Hyperliquid and used 40x leverage to short 3,960 BTC worth $330 million. The opening price was $84,040, the liquidation price was $84,745, and the current floating profit was $1 million.