Hyperliquid Address Takes $128 Million Short Positions in Bitcoin and Ether

A Hyperliquid address held significant short positions in Bitcoin and Ether, revealing a combined unrealized loss of $1.27 million at the time of publication.

The address held 33,717.52 Ether (ETH), valued at roughly $90.35 million, and 448.65 Bitcoin (BTC), valued at about $37.93 million.

The reported average entry prices for these positions were approximately $2,642.84 for ETH and $84,469 for BTC.