Whale with 9-win streak on BTC shorts opens new $23M position

An anonymous whale address starting with 0x004edc, which has made nine consecutive profitable Bitcoin short trades on Hyperliquid since the beginning of this month, has opened a new 300 BTC ($23 million) short position, Hyperinsight reported. The address has opened a total of 16 short positions this month, with this being its 17th. The new trade is a 20x cross short position with an average entry price of $76,612.7 and a liquidation price of $94,159.77.