According to on-chain analyst Ai Yi, the address 0x604…0b21d previously shorted $45.17 million worth of BTC between August 24 and August 25, exiting with a loss of $831,000. This morning, the address opened a 12x long position of 554.71 BTC, valued at approximately $43.72 million, making it the eighth-largest BTC position on Hyperliquid, with an entry price of $80,140.60 and a current unrealized loss of $748,000.
ChainCatcher: Address Opens $43.72M BTC 12x Long Position
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Summary
A wallet address (0x604…0b21d) engaged in position trading by shorting $45.17M worth of BTC between August 24 and 25, exiting with an $831,000 loss. On August 27, the address opened a 12x long position of 554.71 BTC, valued at $43.72M, at an entry price of $80,140.60. This position size made it the eighth-largest BTC position on Hyperliquid, currently showing a $748,000 floating loss.
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