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A whale shorting BTC on Hyperliquid voluntarily sold at a loss of 306.4 BTC.
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On March 25th, it was reported that the wallet address 0x94d…33814, holding the largest BTC position on Hyperliquid, proactively closed out a short position of 306.4 BTC, resulting in a loss of approximately $686,000. The notional value of this position was around $22.01 million. This address currently maintains a short position of 694.81 BTC, with a floating loss of approximately $1.37 million, and its liquidation price has risen to $82,395. Concurrently, its long position on BrentOIL is also experiencing a loss, with a floating loss of approximately $742,000, adding pressure to the overall portfolio.