"On Hyperliquid, the 50x giant whale" BTC short position has turned into a floating loss, with an estimated liquidation price of $85,565
News on March 18, according to hypurrscan data, the "50x Leverage Whale" previously opened a 40x BTC short position on Hyperliquid when Bitcoin was at $83,923.2. With a slight rebound in Bitcoin and the addition of leveraged funding costs, this position is currently at a floating loss with an estimated liquidation price of $85,565. Previously, a "whale hunting operation" targeting the Hyperliquid 50x leverage whale had begun and Justin Sun may have joined.
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