The whale who has been shorting BTC since the beginning of the month has incurred an unrealized loss of over $9 million and is now the largest on-chain BTC short position holder.
BlockBeats news, on April 22, according to Hyperinsight monitoring, the whale "pension-usdt.eth" (address: 0x0ddf…) had fallen into a loss since opening BTC short positions at the beginning of this month. During today's market rally, this position has recorded a $9 million loss.
Currently, since building the positions, this address has not yet closed its holdings and now holds a $77.14 million BTC short position and a $47.15 million ETH short position, making it the largest BTC and ETH short on Hyperliquid, with total losses exceeding $13 million.
Address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A bitcoin address dormant for 16.2 years has been activated, containing 50 BTC

Yen breaches the 160 level again! Japanese finance minister vows to "join forces" with the US Treasury to address unilateral volatility
After the yen fell below the critical 160 level, the Japanese finance minister stated that Japan would closely cooperate with the US Treasury Department to address unilateral volatility, reigniting speculation of joint intervention.
