Hyperliquid Whale Holds $103M BTC Position with $5.74M Unrealized Gains and $14.96M in Shorting Profits

COINOTAG News reports that on-chain analyst Ai Auntie (@ai_9684xtpa) has identified a significant BTC position held by the whale trader Hyperliquid. This entity currently manages a $103 million Bitcoin portfolio, comprising 1007 BTC, acquired at an average entry price of $108,467.1. The position’s liquidation threshold is set at $113,155.06, with an unrealized profit standing at approximately $5.74 million. Additionally, Hyperliquid has accrued $1.34 million through funding fees, underscoring the strategic leverage employed.

Hyperliquid’s latest take-profit zone is strategically positioned between $93,622 and $94,616, reflecting a calculated approach to risk management amid volatile market conditions. Notably, this address has realized a cumulative profit nearing $15 million from four recent short positions, highlighting its adeptness in capitalizing on bearish market trends. This data provides valuable insight into institutional trading behaviors and market sentiment within the cryptocurrency ecosystem.