Hyperliquid Whale Shorts $24.7M Gold Against Trend, Adding $9.4M Daily

A Hyperliquid whale holds a $24.7M short position in GOLD with 7x leverage, adding $9.4M despite a 2.9% price surge, resulting in mixed PnL.

Woofun AI data shows that GOLD on Hyperliquid reached a daily high of $4303.5, trading at $4259.3 with a 2.9% increase over the past 24 hours. An address starting with 0x84a added 2199.9 short positions between $4261.2 and $4300, generating $9.423 million in volume at an average price of $4283.4.

This entity initiated shorts on August 4 and has accumulated a 7x leveraged position of 5799.8 GOLD valued at approximately $24.699 million. The portfolio carries an average entry of $4156.4, an unrealized loss of $593,000, and a liquidation price of $5888.2. While recent additions show a $53,000 gain, earlier entries remain underwater. The account, active since July 2025 with $8.183 million equity and $10.5 million historical profit, currently has no take-profit or stop-loss orders set.