Whale opens $40.3M BTC short position on Hyperliquid

Onchain Lens reported that an anonymous trader, Evaded (@ICanPlug), has opened a 40x leveraged short position on Hyperliquid involving 525.3 BTC, valued at $40.26 million. The position's entry price is $76,474, with a liquidation price of $77,417. The same trader also opened a 5x leveraged long position on 53,500 ZEC ($33.30 million) two days ago.