Hyperbot data shows the largest BTC short holder on Hyperliquid reduced its 20x leverage by 20 BTC but still retains over $76 million in position value.
Recent Hyperbot data revealed that the biggest Bitcoin short address on Hyperliquid cut its leveraged position by 20 BTC, leaving 840.7 BTC short at an average entry price of $111,499.3. This position is valued at around $76.76 million and carries $17 million in unrealized profit, with a monthly PnL of +$16.21 million. Despite the reduction, significant short exposure remains among top traders on the platform alongside notable spot market holdings highlighted previously.