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COINOTAG News, citing on-chain analyst Ai Yi, said that a prominent BTC short-position whale—recognized as the top BTC short address on Hyperliquid—registered a rapid unwind of the remaining $138 million short-position profit as the BTC price moved higher today, now carrying an approximate $5.526 million unrealized loss.
An hour later, the trader added another 2 million USDC collateral on Hyperliquid, pushing the liquidation price to roughly $120,804.70.
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