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A certain Whale shorted 3,500 BTC within two minutes, with a position value of approximately 420 million USD.
On October 10th, according to MLM monitoring, a Bitcoin Whale has just deposited 80 million USDC into Hyperliquid and shorted 3,500 Bitcoins (approximately 420 million USD) within two minutes. This Whale had previously deposited 3,000 BTC (365 million USD) into Hyperliquid on October 8th, at which time its Wallet Address still held 29,300 BTC (3.57 billion USD).