Hyperliquid's 50x leveraged whale is once again going all-in shorting BTC, with a position as high as $520 million

According to Odaily Planet Daily, based on the residual ash monitoring, Hyperliquid 50x leverage whale has now fully shorted BTC and this position is its largest in history with a total value of up to 520 million.

Shorting 6210 BTC (worth $520 million) at a 40x leverage, cost price $83,898, liquidation price $85,561.

For this reason, he transferred 16.75 million USDC into his Hyperliquid account as margin. This is all the funds in his address (including several millions of principal + over ten million USDC profit from nearly a month).

Previously, he had cleared about 500 BTC short orders through TWAP strategy and then stopped operating. At the same time, his small long positions in MELANIA and HYPE have been completely closed out with slight losses. Subsequently, he added more BTC short orders again.