Trader 0xRay closes $98M Hyperliquid shorts with $505K BTC loss
- —BTC short closed at $78,434 versus $77,888 entry — a $505K loss
- —PONS short earned $1.112M, SNDK added $166K
- —Positions were closed in 1,815 trades from 3:48 to 22:50 Korean time
- —$11.69M in USDC and 4,187 HYPE remain on the account, with no forced liquidations
Why it matters: Large public shorts on Hyperliquid can close sharply earlier than analyst data shows, distorting assessments of whale positions.
Source: TokenPost