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A major whale took a 40x leveraged short position on BTC, with the liquidation line at $80,590.

A major whale took a 40x leveraged short position on BTC, with the liquidation line at $80,590.

BlockBeatsBlockBeats2026/05/08 04:58
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BlockBeats news, on May 8, according to monitoring by Hyperinsight, a whale used 40x leverage to short 60.3 BTC, valued at approximately 4.8 million USD, with an average price of 79,605 USD. The liquidation price is 80,590 USD, less than 1,000 USD away from the current price. This is currently the whale position closest to liquidation on Hyperliquid, and also the latest million-level short position opened today.


Address: 0x86489cead9591001b90d8b77c85918f111b82c3c

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