Multiple BTC Positions Above $10M Opened on Hyperliquid Nov. 27, Largest Short at $91M
Several whale addresses opened BTC positions exceeding $10 million on Hyperliquid on Nov. 27, with divergent directional bets, HyperInsight data show. An address tagged "Penision Fund" (0x0dd) opened a 20x short position worth $91 million at 1:00, currently showing an unrealized loss of $1.25 million and ranking as the second-largest BTC short on the platform. Another whale (0x2c2) closed a $35.15 million short at 1:00 before reversing to a $36.4 million long position, now up $580,000. Address 0x50b opened a $20.45 million short at 4:00 after closing longs, down $220,000, while 0x8ef closed a 40x short with $90,000 loss after building to $12.24 million, then reopened a smaller $430,000 short. Address 0x7ec opened a 40x long worth $10.64 million at 23:00 on Nov. 26, up $450,000 before partial closure an hour prior.