Bitcoin Whale Shorting Since March 2025 Adds $4M USDC on Hyperliquid — Unrealized Losses Hit $28.08M as Liquidation Price Rises to $130,687

COINOTAG News, October 5 — on-chain analyst Ai Yi reported that a persistent whale shorting BTC across four consecutive trades since March 2025 now shows an unrealized loss of $28.08 million. Chain data indicate the account recently injected an additional 4 million USDC of collateral into Hyperliquid to support the position.

The collateral top-up increased the position’s liquidation price to $130,687 from an opening price of $111,386.3, reflecting ongoing collateral management over seven months. The position currently reflects a reported 12.5% price increase versus the opening price, illustrating active margin adjustments rather than a change in directional exposure.