A hardcore short-selling whale has suffered a weekly unrealized loss of over $5 million and currently holds approximately 1,101 BTC.
TL;DR
A major BTC short seller lost over $5 million this week after partially closing positions. They previously profited $30 million from shorting at $120,000 and still hold 1101.9 BTC with a $99,116 liquidation price.
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According to data from Hyperbot, as reported by Odaily Odaily, the largest short position holder of BTC on HyperLiquid has suffered a weekly loss of approximately $5.041 million after partially closing out its short positions this week. This whale had previously short BTC at a high of $120,000, once realizing a profit of over $30 million. The current position still holds 1101.9 BTC at a liquidation price of $99,116.1. However, two limit buy orders totaling 1300 BTC placed last week in the $67,244-$67,844 range have yet to be filled.