Markets· ★★★· bearish·

Hyperliquid Whale Holds $32.36M Bitcoin Short With 13x Leverage

  • —Short size is 391.48 BTC worth $32.36M, entry near $82,863, 13x leverage
  • —Liquidation price sits at $99,801, about 20% above current BTC price
  • —Account holds $7.19M in equity and $952,154 in one-week perps profit
  • —Polymarket gives bitcoin a 27.5% chance of hitting $100,000 by Dec. 31, 2026
Why it matters: The bet is about 1% of Hyperliquid's BTC open interest, and $3.3B in shorts stacked below $85,000 could fuel a squeeze on any rally.
Source: Bitcoin.com