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Hyperliquid Address Holds $43.1 Million Bitcoin Short Position

The address held 525.806 BTC in an Oct. 16 snapshot, compared with 573.759 BTC in an earlier snapshot. Bitcoin was priced at $81,976.

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An unmarked metal token rests on one pan of a balance scale / TokenPost.ai
An unmarked metal token rests on one pan of a balance scale / TokenPost.ai

A Hyperliquid address held a short position of 525.806 Bitcoin (BTC), valued at $43.1037 million, in an Oct. 16 snapshot. That was a smaller balance than in the previous snapshot of the position.

The address, identified as 0x3ff54f...f705, was previously listed with 573.759 BTC and a notional value of $47.4194 million. The difference between the snapshots is 47.953 BTC and $4.3157 million in notional value.

Bitcoin was priced at $81,976 in the latest snapshot, compared with $82,647 in the earlier one.

Enna Lee

Reporter

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

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