A cryptocurrency whale, who has shorted Bitcoin four times since March 2025, is facing floating losses totaling $28.08 million, according to on-chain analyst @ai_9684xtpa. The whale recently added $4 million USDC to Hyperliquid's margin, adjusting the liquidation price to $130,687. The initial short position was opened at $111,386.3, marking a 12.5% increase in Bitcoin's price over the past seven months despite ongoing adjustments.