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If BTC rises to $96,100, the 120 million short orders at the largest short positions address on Hyperliquid will be liquidated.
On November 17, according to monitoring by HyperInsight, a well-known player address (0x7b7b) on the encryption betting platform Roobet and Stake.com opened a 40x BTC short order with full positions early yesterday morning, which has now fallen below the average position price from profit to loss. The current position size is approximately 123 million USD, with an average price of 95,270 USD and a liquidation price of 96,100 USD, about 0.52% away from liquidation. Currently, it also holds short positions in ZEC and XRP, both of which are close to liquidation. Previously, this address transferred 7 million USD to Hyperliquid on November 6 and used the entire amount to short BTC, recording a loss of 6.89 million USD. Later that day, it engaged in momentum investing in BTC, ETH, and XRP multiple times, with funds now rebounding to 3.1 million USD, and the total notional value of holdings is approximately 150 million USD, making it the largest short position in BTC on Hyperliquid.