Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

If BTC rises to $96,100, the 120 million short orders at the largest short positions address on Hyperliquid will be liquidated.

robot
Abstract generation in progress

On November 17, according to monitoring by HyperInsight, a well-known player address (0x7b7b) on the encryption betting platform Roobet and Stake.com opened a 40x BTC short order with full positions early yesterday morning, which has now fallen below the average position price from profit to loss. The current position size is approximately 123 million USD, with an average price of 95,270 USD and a liquidation price of 96,100 USD, about 0.52% away from liquidation. Currently, it also holds short positions in ZEC and XRP, both of which are close to liquidation. Previously, this address transferred 7 million USD to Hyperliquid on November 6 and used the entire amount to short BTC, recording a loss of 6.89 million USD. Later that day, it engaged in momentum investing in BTC, ETH, and XRP multiple times, with funds now rebounding to 3.1 million USD, and the total notional value of holdings is approximately 150 million USD, making it the largest short position in BTC on Hyperliquid.

BTC-0.23%
XRP1.46%
ETH1.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)