Whale Expands BTC Short by 533.02 BTC as Bitcoin Slips Below $64,000

AI Market Summary
On-chain data shows a whale increased a BTC short by 533.02 BTC, taking the total to 1,313 BTC (~$84.02M) with an average entry near $64,183, as Bitcoin slipped below $64,000. The position is currently in profit and is the largest BTC position on Hyperliquid, signaling concentrated bearish positioning and potentially adding near-term downside pressure and volatility around the $64k level.
Impact level
● Medium
Affected assets
BTC/USDT-1.39%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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ME News reported that on Aug. 11 (UTC+8), on-chain analyst Ai Yi said a whale increased its Bitcoin short exposure overnight by 533.02 BTC, bringing the total short position to 1,313 BTC—worth about $84.02 million—at an average entry price of $64,183. The position is currently showing an unrealized profit of roughly $251,000 and remains the largest BTC position on Hyperliquid. The whale first opened the position on Aug. 5 and later added after recording an $811,000 loss. Bitcoin dipped below $64,000 last night for the first time in recent days. (Source: ODAILY)