“Hyperliquid 50x Insider Whale” urgently reduced its position and raised the liquidation price to $108,720

Odaily News Hypurrscan data showed that the "Hyperliquid 50x Insider Whale" urgently reduced its positions and raised the liquidation price to US$108,720.
Previously, he opened a short position of 826 BTC with a leverage of 40 times, with a position value of 88.36 million US dollars. The cost price of the opening position was 107,192 US dollars, and the liquidation price was 108,500 US dollars.
Earlier news reported that James Wynn and the “50x Insider Whale” opened opposing positions on Hyperliquid, which attracted market attention.