Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Mysterious Trader Takes Massive Bitcoin Short Position

Guavy AI Editorial Team
Instruments
HYPE BTC
Share

A mysterious trader has made headlines in the Bitcoin market by executing a massive short position. The trader, known only as '0xff84,' deposited $2.44 million into Hyperliquid and opened a 40x short position of 1,600 BTC, valued at approximately $102.6 million.

The short position is particularly notable because it requires the price of Bitcoin to drop significantly in order for the trader to profit from it. The liquidation price has been set at $64,888.97.

More on Crypto

Crypto just now

Institutional Support Fuels XRP Growth Despite Bearish Market Action

Crypto 1m ago

Grayscale ETF Filing Revives HYPE as AlphaPepe Presale Hits Over $2.2M

Crypto 2m ago

ELIZAOS Token Officially Declared Dead Amidst Lawsuit Fallout

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy