Hyperliquid whale opens $107M BTC short position

Swing trader @AguilaTrades opened a new 20x short position as Bitcoin (BTC) briefly dipped below $108,000, according to on-chain analyst @ai_9684xtpa on X. The post suggests the trader is following market momentum, going long when BTC rises and short when it falls. The trader currently holds 1,000.85 BTC valued at $107 million, with an entry price of $107,613 and a liquidation price of $116,550.