Hyperliquid address holds $79.01M in ETH and BTC shorts
- —ETH short: 20,169.95 coins worth $50.43 million
- —BTC short: 342.86 coins worth $28.58 million
- —Calculated at ETH $2,500.10 and BTC $83,367 on October 14
- —Data from Liquid247.xyz monitoring, address 0x7fdafd...17d1
Why it matters: Large shorts on Hyperliquid signal bearish bets by some big players, though a single address is not a reliable market gauge.
Source: TokenPost