A whale briefly opened a new 3x leveraged short position in BTC, bringing its total open interest to $87.58 million.
AI Summary1 min read
TL;DR
A whale opened a $87.67M 3x leveraged short on BTC at $87,500, becoming the second largest holder on Hyperliquid. The top long whale has a $76M position with a $5.38M loss, while recent large orders were all long positions.
Tags
Halving TokensLayer 1BitcoinWhaleLeveraged TradingHyperliquid
According to Mars Finance, on November 24th, HyperInsight monitoring showed that in the past 3 hours, a whale labeled "Penision Fund" opened a new 3x leveraged short position in BTC at $87,500, bringing its total position to $87.67 million, with a liquidation price of $119,000. This makes it the second largest BTC holding on Hyperliquid. Further monitoring shows that the current largest long whale in BTC (0xffb) has a position of approximately $76 million, with an average price of $93,900 and a floating loss of $5.38 million (-141%). Additionally, in the past 2 hours, 7 addresses on Hyperliquid that opened new orders exceeding $1 million were all long positions.