Whale 0x77ee: Opens $31M 40x BTC Short on HyperliquidX

Whale 0x77ee opened a $31.08M 40x BTC short on HyperliquidX with 493 BTC at $63,240.9 entry and $73,859.9 liquidation, booking +$111.4K unrealised PnL while running 92% short across $79.88M total exposure.

Price action on the 4h chart shows BTC trading inside the Bollinger band near $62,758 with the EMA50 at $62,368.94 acting as immediate support and the EMA200 at $64,240.00 capping upside, while MACD death cross at 306.11 signals fading momentum despite neutral RSI at 48.75; a test of upper band resistance at $64,110.39 would likely trigger a healthy pullback toward the 50-EMA before any continuation higher.