According to BlockBeats citing Hyperinsight, on May 6, trader ‘pension-usdt.eth’ accumulated $18 million in unrealized losses on Hyperliquid after holding BTC short positions for over 35 days amid Bitcoin’s rally above $81,000. The address is now the platform’s largest loss maker in the past 7 and 30 days.
The trader currently holds 3x leveraged BTC shorts worth $81.2 million at an average price of $67,992, and 3x leveraged ETH shorts worth $47.3 million at an average price of $2,131. The address is now Hyperliquid’s largest BTC short holder overall.
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