1 min read

Hyperliquid Address Holds $404 Million in Bitcoin and Ether Shorts

The positions total 2,165.8 BTC and 80,235.38 ETH. Their combined unrealized loss is about $49.4 million.

Mentioned assets
Two unmarked metal tokens rest on a dark counter under soft light / TokenPost.ai
Two unmarked metal tokens rest on a dark counter under soft light / TokenPost.ai

A Hyperliquid address holds short positions in Bitcoin and Ether with a combined unrealized loss of about $49.4 million at the reported market prices.

The address, 0xb83de0...6e36, holds 2,165.8 Bitcoin (BTC) in a position valued at about $186 million and 80,235.38 Ether (ETH) valued at about $218 million. Those rounded values add up to about $404 million.

The reported entry prices were about $76,623 for BTC and $2,350.27 for ETH. At market prices of $86,052 for BTC and $2,711.40 for ETH, the two positions had a combined unrealized loss of about $49.4 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…