「pension-usdt.eth」 Whale Shorting Position Loses $18 million, Becomes Top 1 Loss Address on Hyperliquid

BlockBeats News, May 6th, according to Hyperinsight monitoring, during the holiday, BTC continued to rise and stood above $81,000. The on-chain trader "pension-usdt.eth," who had previously focused on short-term trading, was forced to hold a position for over 35 days. The unrealized loss on the short position has reached $18 million, making it the address with the largest losses on Hyperliquid in the past 7 and 30 days.

Currently, this address holds a 3x leveraged BTC short position with a scale of $81.2 million at an average price of $67,992; a 3x leveraged ETH short position with a scale of $47.3 million at an average price of $2,131. It is now the largest on-chain BTC short holder.

Address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902