According to @lookonchain, whale address 0xc2a3 opened a 5x short on 1,240 BTC with approximately $140M notional on Hyperliquid, with a stated liquidation price of $137,700; source: @lookonchain on X. The post includes a direct reference to the address page for 0xc2a3 on hypurrscan.io, providing an on-chain trail for the reported position; source: @lookonchain and Hypurrscan. Based on the reported size and notional, the position implies an average price near $112,900 per BTC (140,000,000 divided by 1,240), which can help traders contextualize liquidation distance; source: figures from @lookonchain, calculation derived from those figures. The key trading level highlighted is the $137,700 liquidation price associated with this short position on Hyperliquid; source: @lookonchain on X.