A newly activated wallet, identified as 0x7b7, has initiated a significant 20x short position on Bitcoin via the Hyperliquid platform, with an entry price of approximately $101,653. Currently, the position is facing an unrealized loss of around $1.8 million. The liquidation price for this position is set at approximately $104,230, indicating a high-risk strategy by the wallet holder.
New Wallet Opens 20x Bitcoin Short on Hyperliquid Amid $1.8M Loss
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