Traders with an 80% win rate have seen losses exceeding $3.3 million on BTC short positions

According to Lookonchain, a trader (0xddc7), known for an 80% win rate, is currently facing over $3.3 million in unrealized losses on his short position of 668 BTC (worth $76.8 million). To avoid liquidation, the trader has deposited an additional 1 million USDC into Hyperliquid, with the new liquidation price set at $118,410.