Hyperliquid Whale: Shorts BTC ETH for $2.75M Profit
Onchain Lens reports a dormant Hyperliquid trader opened 40x BTC and 25x ETH shorts worth $96.33 million and booked $2.75 million unrealized profit in four hours.
SourceAnalysis
@OnchainLens flagged a Hyperliquid address that woke from three months of dormancy to short 620.71 BTC worth $47.77 million at 40x and 22.05K ETH worth $48.56 million at 25x leverage.
The position printed +$2.75 million unrealized PnL inside four hours, lifting the wallet’s 30-day result to +$2.69 million and lifetime PnL to +$1.16 million. Address: 0x8added25f8cce417c1e19aad91fb6ddcb9917d2c.
Bitcoin trades at $77270.1 on the four-hour chart inside a bearish structure defined by the EMA50 at $80744.55 and EMA200 at $81614.36. The MACD death cross at -446.54 confirms trend strength to the downside while price tests the lower Bollinger band support at $78089.69; RSI at 32.75 leaves room for further downside before any relief bounce to the $80744.55 EMA50 confluence.
Onchain Lens
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