Hyperliquid BTC Short Whale Increases Position to $246M, Realizes $5.12M Profit

BTC Short Whale Doubles Down on Hyperliquid

Chain analytics reveal that a leading BTC short address (0xd83...8fd7) on Hyperliquid has increased its position by 14.5 BTC contracts, bringing total exposure to $246 million with a realized profit of $5.12 million.

Multi-Asset Short Strategy Revealed

The wallet currently maintains four short positions across different assets. BTC constitutes 47.8% of its portfolio at an entry price of $90,671, while ETH accounts for 42% at $3,026.83.

• Total BTC short value: ~$246 million
• Realized profit: $5.12 million
• ETH position percentage: 42%