Whale Opens 40x Short on 493 BTC Worth $31M on Hyperliquid, Nets $112.4K Gain on July 8

BTC-0.63%
According to BlockBeats and Onchain Lens data, on July 8, whale address 0x77ee opened a 40x leveraged short position on 493 Bitcoin (approximately $31.08 million) on Hyperliquid, with an entry price of $63,240.9. The position currently shows unrealized gains of $112,400, representing a 14.47% return on equity.
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