According to Ai 姨 on Twitter, two major whales on Hyperliquid have realized over $15.34 million in unrealized profits from short positions on Bitcoin (BTC), with one whale known as 'Insider Bro' holding a position valued at $111 million and a current profit of $8.1 million (source: Ai 姨, Twitter, June 22, 2025). The second whale, active since March 2025, has accumulated significant gains by shorting BTC four times, with a position valued at $93.88 million. These massive positions and realized profits signal strong bearish sentiment among large traders, impacting BTC price volatility and providing key signals for short-term crypto market trading strategies.

According to Cas Abbé on Twitter, on-chain data shows large Bitcoin holders have ceased opening new short positions and are now unwinding existing shorts. Last week, increased whale shorting activity contributed to a correction in $BTC prices, coinciding with rising geopolitical tensions between Russia-Ukraine and China-US (source: Cas Abbé Twitter, June 2, 2025). As whales close shorts, this shift may signal reduced selling pressure, potentially stabilizing or supporting Bitcoin’s price in the near term. Traders should closely monitor whale activity for further market direction.

According to Ai 姨 (@ai_9684xtpa), Bitcoin (BTC) experienced a sharp intraday drop to $103,713, enabling short positions to become profitable with a floating gain of $253,000 (Source: Twitter @ai_9684xtpa, May 12, 2025). This significant movement has triggered increased short interest and volatility, with traders closely watching for further downside or a potential rebound. The sudden price action highlights the importance of risk management in crypto derivatives trading, especially as large liquidations can influence BTC spot prices and sentiment across the broader cryptocurrency market.