Top Hyperliquid Trader’s HYPE Short Reaches $109.5 Million
According to Hyperbot data, a leading Hyperliquid trader expanded a large HYPE short by more than 10,000 tokens, pushing the position to $109.5 million despite a floating loss above $30 million.
BTC
ETH
HYPE
Fact Check
Lookonchain's primary X post directly confirms the 145.42 BTC short closed for profit and flipped into a 40x leveraged long worth ~$30.6M (416.6 BTC). Onchain Lens's X post (mirrored by PANews) confirms whale Evaded opened a 12,600 ETH 25x short. BlockBeats flash 348225 confirms the separate pension-usdt.eth 3x leveraged BTC short reaching $102M. All numeric specifics (145.42 BTC, 40x, $30.6M, 12,600 ETH, 25x, $102M, 3x) match the primary monitoring sources.
Summary
A top trader on Hyperliquid increased a bearish position on HYPE by more than 10,000 tokens, bringing the total short position to $109.5 million. Hyperbot data shows the trade has an entry price of $45.47, a floating loss of $30.06 million, and a liquidation price of $91.1. The update indicates a much larger and separate leveraged short setup than the previously reported Bitcoin and Ethereum positions tied to Trader Evaded.
Terms & Concepts
- Hyperliquid: A decentralized perpetual futures trading platform where users can open leveraged long and short positions on crypto assets.
- Short: A trading position that aims to profit if an asset’s price falls, but incurs losses when the price rises.
- Liquidation price: The price level at which an exchange or protocol forcibly closes a leveraged position because collateral is no longer sufficient.