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Two whale addresses shorted Bitcoin with high leverage on HyperLiquid and have suffered floating losses

2025-05-07 00:55

Odaily News According to Onchain Lens monitoring, two whale addresses have recently conducted high-leverage BTC shorting operations on the HyperLiquid platform. Among them, Whale 1 deposited $5.58 million USDC to open a 40x leverage short order, with a position size of over $70 million and a current floating loss of about $891,000; Whale 2 deposited $4.9 million USDC to open an 11x leverage short order, with a position size of over $56 million and a current floating loss of about $604,000.