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Data: "Whale sells off 1,351 ETH" massively shorts BTC, with short positions totaling $50.6 million
Mars Finance News, according to Hyperinsight monitoring, in the past half hour, a whale starting with 0x310 opened a 16x leveraged BTC short position, totaling 653 coins, worth approximately $50.6 million, with an average price of $77,470, and a liquidation price of $81,308. It is currently the second-largest BTC holding address on the Hyperliquid platform. It is reported that about ten days ago, this new address and its on-chain related addresses withdrew a total of 1,351 ETH spot from the HitBTC trading platform, then sold all of it on Hyperliquid, cashing out about $3.18 million. After multiple position openings, it has accumulated a profit of $720k as of today.