
2 days

SOC Team
Two wallets shorted BTC on Hyperliquid as the price rose
Outflow
Two wallets, possibly belonging to the same whale, opened short BTC positions with high leverage on Hyperliquid after the BTC price rose:
1. Wallet 0xe65 deposited 5.58M USDC for a 40x leveraged short, now valued over $70M, with a floating loss of $891K and a liquidation price of $104,600:
Fig 1. Wallet 0xe65's current BTC short position.
2. Wallet 0xca8 deposited 4.9M USDC for an 11x leveraged short, now valued over $56M, with a floating loss of $604K and a liquidation price of $103,470:
Fig 2. Wallet 0xca8's current BTC short position.