Bitcoin Whale Reopens Large Short Position on Hyperliquid With 30x Leverage

A single whale is currently maintaining a BTC position worth tens of millions of dollars on the Hyperliquid platform, as of June 18. According to BlockBeats On-chain Detection, Hyperinsight monitoring showed that only one whale still held an open BTC position at the multi-million-dollar level at the time of reporting. The whale had previously gone long on crude oil during the U.S.-Iran conflict and recorded significant losses before exiting and remaining inactive for about half a month. On the previous night, the address deposited $465,000 into Hyperliquid and opened a short position of 237.6 BTC using 30x leverage. The position size was about $15.5 million, with an average entry price of $65,207. At the time of reporting, the short position showed an unrealized profit of about $320,000, representing a 63% return. The whale planned to set a market stop-loss if BTC rises to around $71,604. Address: 0xf35aad55c9941333bfdc69175eba123d8b01338a