Hyperliquid Address Holds $128 Million in Bitcoin and Ether Shorts

A Hyperliquid address held short positions worth about $128 million in Bitcoin and Ether, with a combined unrealized loss of about $1.27 million at the time of publication.

The address held 33,717.52 Ether (ETH) valued at roughly $90.35 million and 448.65 Bitcoin (BTC) valued at about $37.93 million. Its reported average entry prices were approximately $2,642.84 for ETH and $84,469 for BTC.

At the time of publication, Ether was priced at $2,679.60 and Bitcoin at $84,547. The positions’ combined unrealized loss was reported at $1.2742 million.