BlockBeats News, May 12th, according to Ashes Monitoring, a whale with 40x leverage on Hyperliquid just liquidated a short position in LDO and deposited an additional 795,000 USDC into Hyperliquid as margin, then proceeded to further short BTC.
They are now shorting a total nominal value of 1.048 billion US dollars of BTC, with an entry price of $104,427 and a liquidation price of $106,200.