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Hyperliquid Whale Moves: Strategic Position Shifts as Market Corrects, One BTC Short Holder Doubles Down Despite 9 Million USD Losses
According to BlockBeats reporting from HyperInsight data on August 15, as crypto markets experience a pullback, major players on Hyperliquid are reshaping their exposure.
ETH Short Positions Being Trimmed
The whale address 0x7fdaf has been actively reducing its Ethereum short exposure, cutting positions by 1.66 million USD and 7.79 million USD within the last six hours. This address currently carries unrealized losses of approximately 5.27 million USD, with a liquidation price set at 7,304 USD—a critical level to monitor as ETH trades near $2.93K.
BTC Short Holder Goes Against the Grain
In a contrarian move, the address 0x5d2f4 is adding to its Bitcoin short position, depositing an additional 853,000 USD despite already sitting on a massive 9.02 million USD loss. The liquidation threshold for this position stands at 127,873 USD, suggesting the whale is betting on further downside despite current market strength—a bold or desperate play depending on one’s perspective, with Bitcoin currently hovering around $87.58K.
Ethereum Long Positions Under Pressure
Meanwhile, address 0x5648A is trimming its ETH long bet, reducing holdings by 830 coins (worth approximately 3.95 million USD). The position shows only minor losses of 44,600 USD so far, with liquidation price at 4,091 USD.
The patterns suggest mixed sentiment among Hyperliquid’s largest traders—some taking profits or cutting losses, while at least one major player is doubling down on their bearish thesis despite mounting drawdowns. Whether this represents sophisticated hedging or conviction remains unclear.