UNI Surges 50% to $9.46 as Whale Opens 10x Short on UNI—Largest Short Position Logged on Hyperliquid

COINOTAG News reported on November 11, citing HyperInsight monitoring that UNI surged more than 50% on the session, with the token trading at approximately $9.46.

On-chain analytics show a whale address known as 0xffb initiating a 10x UNI short at an average entry of $9.20, with a reported size of $9.02 million and a current floating loss of $360,000 (roughly 39%). This position is described as the largest UNI short on Hyperliquid. Across the same wallet, total exposure sits near $109 million, with the primary book a BTC long of about $66.49 million, carrying a floating loss of around $2.16 million (about 65%).