Gate News message: On April 9, according to monitoring by Hyperinsight, the address 0x94d3 (“Strategy counterparty”) executed a flattening operation on its BTC short position, increasing its holdings by 81.06 BTC short contracts, worth approximately $5.2090 million. The total position size rose to $75.2048 million; the average entry price increased slightly from $69,036.20 to $69,181.40, and the liquidation price is $79,320.81. The position is currently showing an unrealized loss of about $1.8229 million (-96.96%), and it is now the largest BTC short position on Hyperliquid. It is reported that the address previously, during last December’s period when MicroStrategy (MSTR) repeatedly made large BTC purchases, went the opposite way by building a large-scale short position in major coins; at one point, the position size reached as high as $120 million, making it the largest BTC short on the Hyperliquid platform at that time.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Core Developers Propose BIP-361 to Freeze 1.7M Early BTC Against Quantum Computing Threats
BIP-361, proposed by co-authors including Jameson Lopp, aims to secure early Bitcoin by migrating 1.7 million coins from weak P2PK addresses to stronger formats, allowing 3-5 years for users before freezing untransferred coins. Community responses vary significantly.
GateNews4m ago
Goldman Sachs Files for Bitcoin Premium Income ETF With Covered Call Strategy
Asset manager and financial giant Goldman Sachs filed a registration statement with the Securities and Exchange Commission (SEC) on Tuesday, for a new actively managed fund called the Goldman Sachs Bitcoin Premium Income ETF.
Key Takeaways:
Goldman Sachs filed for a Bitcoin Premium Income ETF on
Coinpedia37m ago
Three Newly Created Wallets Withdraw 1,600 BTC from Major Exchanges in 5 Hours
Gate News message, April 16 — According to Lookonchain, three newly created wallets withdrew 1,600 BTC, valued at approximately $120 million, from major centralized exchanges over the past 5 hours.
GateNews1h ago
Florida and Massachusetts jointly recover $5.4 million in cryptocurrency scam assets
The Florida State Attorney’s Office and the Marion County Sheriff’s Office jointly recovered $5.4 million in cryptocurrency scam funds, involving an investment fraud scheme that used romance as a cover. Some of the funds have been returned to victims in Florida and Massachusetts. Since its inception, CFEU has recovered $7.2 million, and another $12.6 million in assets remains frozen. Massachusetts has also carried out multiple law-enforcement actions, shutting down scam websites and recovering funds.
MarketWhisper3h ago
