Wallet 0xRay518 Adds SNDK and PONS Shorts, Trims BTC Short
- —SNDK short: $13.46 million at 10x leverage
- —PONS short: $3.62 million at 3x leverage
- —BTC short reduced by 49.12 BTC, remaining $81.52 million (20x)
- —Second-largest short address on Hyperliquid
Why it matters: A large $81.5 million BTC short remains, indicating a bet on further bitcoin declines.
Source: TokenPost