The "Hyperliquid BTC maximum short positions" unrealized gains exceed 17 million USD, with take profit open orders at price levels between 89,000 and 91,000 USD.

On November 14, according to Coinbob's popular address monitoring, the “largest short Whale on Hyperliquid” (0x5D2) had a floating profit of 16.92 million USD from a 20x BTC short order opened on May 9, with a position size of approximately 120 million USD, an average price of 111,500 USD, a liquidation price of 105,700 USD, and take profit orders placed in batches at 88,900 USD and 91,400 USD, currently ranking as the top 1 BTC short position on Hyperliquid. Additionally, this address withdrew 8 million USD in margin on-chain in the past hour, causing the liquidation price to drop, leaving a total of 11.44 million USD in funds untouched on-chain. This address has opened large BTC short orders 4 times this year, all recording losses, totaling approximately 5.48 million USD. This BTC short order partially closed 40% of the position for take profit after October 11, and subsequently recorded a profit of about 5.17 million USD from rollover, with the current BTC short order having accumulated profits of 9 million USD through funding rate settlement. Furthermore, monitoring shows that the top three positions on the BTC leaderboard on Hyperliquid are all short positions, with a total position size of 261 million USD, all having significant unrealized gains. The largest BTC long position (0xff) has a position size of approximately 62.35 million USD, currently with unrealized losses of 8.19 million USD (262%).