Address Holds a $7.88M Short Position on Longxin Storage on Hyperliquid

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A single address has opened a $7.88 million short position in Longxin Storage on Hyperliquid, becoming the largest position on the platform. The average entry price is $6.615 (RMB 44.85), with a total market value of RMB 3 trillion. The trader has placed a limit sell order for 420,000 units at $6.4284, with 34.39% filled. Position sizing indicates that if fully executed, the position could reach $9.65 million. Position trading on Hyperliquid remains active amid significant directional bets.

According to on-chain analyst Aunt Ai, an address holds $7.88 million in longxin storage short positions, making it the largest position on the Hyperliquid platform. The address entered its 1.23 million longxin storage short positions at an average price of $6.615, equivalent to RMB 44.85, with a market capitalization of RMB 3 trillion. Currently, the address has placed a limit sell order for 420,000 longxin storage tokens at $6.4284, of which only 34.39% has been filled; if fully executed, the total position would reach $9.65 million.

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