Hyperliquid BTC Short Whale Expands Position to $125M with $1.79M Profit

Largest BTC put holder on Hyperliquid increases short exposure to 2,000 BTC, realizing $1.79M floating profit. Liquidation level sits at $63,528.92.

Woofun AI data shows that whale addresses prefixed with 0xff84 are accumulating BTC put options on Hyperliquid. These entities now maintain the largest on-chain BTC put inventory, totaling 2,000 BTC valued at roughly $125 million. The position carries a floating profit of $1.79 million and a liquidation threshold of $63,528.92.