After a certain whale cleared out ETH with a profit of 11.6 million USD, they shorted BTC and ETH on Hyperliquid, resulting in an unrealized loss of 4 million USD

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a certain whale cleared their ETH position two weeks ago at a price of $4,221, making a profit of $11.6 million, after which the market rose. In the last two days, they opened a short position worth $137 million on Hyperliquid, currently facing an unrealized loss of $4 million.

This whale closed their short position in June and bought 6,037 ETH at a price of $2,299. On September 22, they cleared the ETH bought in June at a price of $4,221, earning $11.6 million. After selling the ETH, the market continued to rise. In the past two days, this whale has shorted $137 million worth of BTC and ETH on Hyperliquid, currently facing an unrealized loss of $4 million. 40x short on 800 BTC, worth $100 million, opening price $120,892, liquidation price $129,848; 20x short on 8,000 ETH, worth $37 million, opening price $4,502, liquidation price $5,109.