Hyperliquid largest BTC short seller's unrealized loss 6700000 USD, liquidation price less than 3%
BIBIBI
AT A GLANCE
Hyperliquid on BTC first-largest short address 0xfc27 has an unrealized loss of approximately 6704800 USD, with the liquidation price less than 3%。
Article
🔍 On-chain Detective | Opening a short at a high still leaves the trader trapped,Hyperliquid above BTC the largest short seller is down over 6000000 USD BlockBeats news,September 21, according to monitoring by TradingBeats,Hyperliquid above BTC the largest short seller, with the platform label showing Polymarket user "VBVIT" at address 0xfc27, continued adding to short positions as BTC rose. As of press time, the address held 1320.73 units of BTC short positions, worth approximately 112000000 USD, using 25 x leverage, with an average entry price of approximately 79,470.40 USD.
As of press time,BTC was trading at approximately 84,547 USD, and the account's BTC short position had an unrealized loss of approximately 6704800 USD, with a liquidation price of approximately 86,951.25 USD, less than 3%from the current price. Recent transaction records show that the address continued adding to its position in the BTC range of approximately 82,700 to 83,300 USD.
In addition, the address holds approximately 76460000 USD in ETH short positions, with an unrealized loss of approximately 4440000 USD; its 87 perpetual positions have a combined unrealized loss of approximately 13840000 USD.
Original link https://m.theblockbeats.info/flash/368231
Key points
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BlockBeats news,September 21, according to monitoring by TradingBeats
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Hyperliquid on BTC the largest short seller, with the platform label showing the Polymarket user “VBVIT” at address 0xfc27
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The address continued adding to its short position during BTC’s rise
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As of press time, the address held 1320.73 units of BTC short positions, worth approximately 112000000 USD
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This BTC short position uses 25 x leverage, with an average entry price of approximately 79,470.40 USD
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As of press time,BTC is currently trading at approximately 84,547 USD, and the account's BTC short position has an unrealized loss of approximately 6704800 USD
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This address's BTC short liquidation price is approximately 86,951.25 USD, less than 3%
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Recent transaction records show that this address previously, at BTC approximately 82,700 to 83,300 USD range, continued adding to its position
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This address also holds approximately 76460000 USD of ETH short position, with an unrealized loss of approximately 4440000 USD
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Its 87 perpetual positions have a combined unrealized loss of approximately 13840000 USD
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news concerns an account that opened a short position on Hyperliquid platform. It holds a short position of 1320.73 units BTC with a position value of approximately 112000000 USD, using 25 x leverage, with an average entry price of approximately 79,470.40 USD. However, the price of BTC rose to approximately 84,547 USD. As prices rise, short positions incur greater losses; therefore, the account currently has an unrealized loss of approximately 6704800 USD. It also has a liquidation price of approximately 86,951.25 USD, meaning that liquidation could be triggered if the price rises by less than 3%. In addition, this address has ETH short positions and 87 perpetual positions, with combined unrealized losses of approximately 13840000 USD。
Why it matters to readers
Highly leveraged short positions approaching their liquidation price amid substantial unrealized losses may lead to concentrated position closures and price volatility if liquidated. Therefore, large on-chain short positions are often viewed as indicators of market risk and sentiment.
This illustrates the relationship among short positions, leverage, entry price, liquidation price, and unrealized losses: a price increase after opening a short position results in losses, leverage amplifies gains and losses, and risk rises significantly as the price approaches the liquidation price.
Risks and unknowns
The original text states only “September 21” and does not specify a year, so the specific year cannot be confirmed from this alone.
Related Developments
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The association between address 0xfc27 and the label "VBVIT" is based on the platform's displayed label; the original text provides no further identity-verification information.
Position size, price, unrealized loss, and liquidation price are all data "as of the time of publication" and may subsequently change.
The original text does not state whether this address is the sole account of the same entity, nor does it state the motivation for its holdings.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
