On Hyperliquid, the top BTC short position is held by a whale with a unrealized loss of over $5.52 million, with a liquidation price of $120,800.

BlockBeats News, October 27th, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale who has been shorting BTC continuously since March 2025, and is also the TOP1 address of BTC short positions on Hyperliquid, saw a rapid unwinding of the remaining $138 million short position profit due to today's BTC price increase, now facing a $5.526 million unrealized loss.

An hour ago, they added an additional 2 million USDC collateral to Hyperliquid, raising the liquidation price to $120,804.7.