Two whale addresses have experienced floating losses in high leverage short selling Bitcoin on HyperLiquid

PANews|May 07, 2025 00:52
According to Onchain Lens monitoring, two whale addresses have recently engaged in high leverage BTC short selling operations on the HyperLiquid platform. Among them, Whale 1 deposited 5.58 million USD in USDC and opened a 40 fold leveraged short position, with a position size of over 70 million USD and a current floating loss of approximately 891000 USD; Whale 2 deposited $4.9 million in USDC and opened an 11 fold leveraged short position, with a position size of over $56 million and a current floating loss of approximately $604000.
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