Whale uses 40x leverage to short 750 BTC, currently with an unrealized loss of $1,187,000

SmartContractAuditor · 2026-03-02T03:11:30+00:00

Crypto analyst detects that user folhas99 opened a 40x short position on BTC during market decline, holding 750 BTC, with an unrealized loss of approximately $1,187,000. Their limit sell order is at $55,000; if the price drops about $11,000, it will realize a profit.

SmartContractAuditor

2026-03-02 03:11:30

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Odaily Planet Daily reports that crypto analyst Ai Yi @ai_9684xtpa monitored that user folhas99 opened a 40x short position on BTC when the market declined on February 28. Currently, they hold 750 BTC, with a position size of approximately $49.63 million, making it the largest BTC position on the Hyperliquid platform. The entry price was $64,534, with a liquidation price of $70,730. The current unrealized loss is about $1.187 million.

On-chain data shows that this address has placed a limit sell order at $55,000. If the price drops by about $11,000, it will realize a take profit.

BTC-0.4%

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