Whale Opens 40x Short on 100 BTC (~$7.77M) on Hyperliquid; Liquidation 2.18% Away

GateNews
BTC-0.68%
According to BlockBeats and Hyperinsight monitoring, on May 19, a whale at address 0xcab opened a 40x short position on 100 BTC (approximately $7.77 million) on Hyperliquid, with an average entry price of $76,727. The position's liquidation level is set at $78,580, placing it 2.18% away from current price levels.
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