TechFlow News, June 4: According to Hyperinsight monitoring data, among the largest short-position whales on Hyperliquid, the whale holding a multi-million-dollar address currently has a liquidation price of $64,700 for its BTC short position. Additionally, two other million-dollar-level short sellers opened positions today with liquidation prices near $64,500; some addresses have stop-loss orders placed approximately $200 below their respective liquidation prices.
The combined short position size across these three addresses totals roughly $38 million. If BTC continues rising and reaches the aforementioned levels, a wave of concentrated liquidations may occur. Details of the whale holding the multi-million-dollar short position: shorted 517.6 BTC at 40x leverage, with a position value of approximately $32.9 million, an average entry price of $64,504, and a liquidation price of $64,672.
