Hyperliquid whale shorts take profit, close BTC/ETH positions, then place new short orders with a cumulative notional size exceeding $50 million

Odaily reports that according to Hyperbot data, a certain address recently simultaneously closed its BTC and ETH short positions to take profit. Among them, approximately 363.2 BTC shorts were closed (about $27.8 million) at a closing price of approximately $76,774; approximately 2,808 ETH shorts were closed (about $5.98 million) at a closing price of approximately $2,130. The total notional value of these two liquidations was approximately $33.8 million.

After taking profit, the address immediately placed a new round of short orders: planning to short approximately 257.2 BTC (about $40 million) in the $77,500–$78,000 range, and approximately 4,484 ETH (about $10 million) near $2,230. Overall, this indicates the address maintains a bearish trading strategy with high-frequency position switching.