Anonymous whale trims part of 40x leveraged BTC short

An anonymous wallet beginning with 0xff84 has partially reduced the 40x leveraged 1,600 BTC short position it opened on Hyperliquid yesterday, EmberCN reported. The wallet had faced liquidation at $64,889 and had placed 50 BTC stop-loss orders from the liquidation price up to $68,254. After BTC briefly rose above $65,000 early today, four of those orders were filled, reducing the position by a total of 200 BTC. The realized loss came to $146,000. The wallet still holds a 1,400 BTC short position worth $90.54 million, with a liquidation price of $64,998.