Whale Liquidates $90M BTC Short Position on Hyperliquid, Suffers $5.39M Daily Loss

Gate News message, April 17 — A major trader at address 0x94d…33814 liquidated 1,184.74 BTC (worth approximately $90 million) this evening to avoid liquidation risk during a sharp BTC price surge, according to on-chain analyst Ai姨. The position closure resulted in a single-day loss of $5.39 million.

The trader had previously held over $100 million in combined BTC and ETH short positions. Year-to-date losses for the account now total $43.81 million, with April losses reaching $13.22 million. The address currently ranks first on Hyperliquid's 30-day loss leaderboard.