Whale Liquidates $90M BTC Short Position on Hyperliquid, Suffers $5.39M Daily Loss

BTC-1.26%
ETH-1.46%

Gate News message, April 17 — A major trader at address 0x94d…33814 liquidated 1,184.74 BTC (worth approximately $90 million) this evening to avoid liquidation risk during a sharp BTC price surge, according to on-chain analyst Ai姨. The position closure resulted in a single-day loss of $5.39 million.

The trader had previously held over $100 million in combined BTC and ETH short positions. Year-to-date losses for the account now total $43.81 million, with April losses reaching $13.22 million. The address currently ranks first on Hyperliquid’s 30-day loss leaderboard.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments