Top 3 Hyperliquid BTC Shorts Deliver Impressive Returns
Recent data released by on-chain analysts revealed that the top 3 BTC short sellers on Hyperliquid have realized a floating profit of $2.43 million.
These positions were initially opened on February 2 and currently include approximately 278.76 BTC worth $18.51 million at 40x leverage. The average entry price for these shorts was $75,150.5.
Insights Into Short Selling Strategy
For investors, such high-leverage short strategies require close monitoring of market movements. As market volatility increases, it is essential to weigh potential gains against risks.
Analysts noted that the timing and execution of these positions reflect accurate market forecasting, making them a compelling subject for further study.