🐋 Right on cue: a whale drops a fresh bitcoin short on Hyperliquid
One Hyperliquid account surfaced today holding exactly one position — a bitcoin perp short worth about $32.36 million.
▪️ 391.48 BTC entered around $82,863 on 13x cross leverage, which means the entire account lives or dies on this single trade. No hedge, no plan B, just conviction and a liquidation price.
▪️ Liquidation sits at $99,801 — roughly 20% above current price. That's patient, not reckless. Whoever's behind this isn't sweating the tape.
▪️ $7.19M equity backing the position while controlling close to 1% of the exchange's total open interest, around 38,040 BTC. Small account, big footprint.
▪️ Track record from the tracker service: 4,726 trades, $952,000 weekly perps profit, max drawdown 11%. Not a tourist, not a first-timer — this one has done the reps.
▪️ Position is up $75,532 right now, plus $64,249 already milked out of longs through funding fees. Longs are literally paying this guy to sit there and be right.
▪️ The Coinglass map making the rounds shows $3.3B in shorts stacked between current levels and the $85k zone — forced buybacks up there would light the squeeze the bears keep praying for.
@tontiger_fam
Post #199
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