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Whale Takes 40x BTC Short Position and Long Crude Oil, Earns Over $6.6M in Floating Profits

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BTC
$72,870.001.5%
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HYPE
$41.5054.67%
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TRUMP
$2.839-2.3%
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A whale operating under the name 'UnRektCapital' has taken a 40x BTC short position on Hyperliquid, holding 616 BTC at an entry price of $72,144, with a current floating profit of $2.15 million. The whale is also engaging in position trading across crude oil and other assets, including short positions in HYPE, TRUMP, and SILVER. Total short exposure amounts to $58.588 million, while a $5.46 million long position in Brent crude oil complements the strategy. All five positions are currently profitable, with cumulative floating gains exceeding $6.6 million. This approach reflects a value investing mindset in crypto and a focus on long-term market positioning.

ChainCatcher report: According to on-chain analyst @ai_9684xtpa, the whale "UnRektCapital," who previously went long on crude oil and short on BTC, has become the second-largest short position on Hyperliquid for Bitcoin. After adding to its position, it now holds a 40x short position of 616 BTC, valued at $42.29 million, with an entry price of $72,144 and a current unrealized profit of $2.15 million. Additionally, it has taken short positions in HYPE, TRUMP, and SILVER, with a total short exposure of $58.588 million, while simultaneously going long on $5.46 million worth of Brent crude oil. All five positions are currently in profit, with a combined unrealized gain exceeding $6.6 million.

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