A 15x Leveraged Bitcoin Short Position Opened on Hyperliquid
A trader deposited approximately $171,780 into Hyperliquid and then opened a 15x leveraged Bitcoin short position.
According to PANews, citing Onchain Lens, wallet address 0x8853 deposited funds into a Hyperliquid trading account over the past 21 hours, with the most recent $50,000 deposit made about 50 minutes ago.
The trader opened a short position of about 38.08 BTC, valued at roughly $2.39 million. The entry price was recorded at $62,720, the mark price at $62,790, and the liquidation price at $66,000.
The unrealized loss currently stands at approximately $2,760, with a return rate of -1.73%. The account’s cumulative profit and loss is about -$389,700, indicating an overall loss.
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