Woofun AI data shows that a significant trader on Hyperliquid has established a $49 million short position in BTC. The position's liquidation threshold is set at $66,153, leaving the account less than $900 away from forced closure. This specific trade originated from an initial short of 750 BTC executed at $59,941 in late June. The position currently carries an unrealized loss of $4 million as BTC prices have rebounded above $65,000.