Gate News message: On April 9, according to monitoring by Hyperinsight, the address 0x94d3 (“Strategy counterparty”) executed a flattening operation on its BTC short position, increasing its holdings by 81.06 BTC short contracts, worth approximately $5.2090 million. The total position size rose to $75.2048 million; the average entry price increased slightly from $69,036.20 to $69,181.40, and the liquidation price is $79,320.81. The position is currently showing an unrealized loss of about $1.8229 million (-96.96%), and it is now the largest BTC short position on Hyperliquid. It is reported that the address previously, during last December’s period when MicroStrategy (MSTR) repeatedly made large BTC purchases, went the opposite way by building a large-scale short position in major coins; at one point, the position size reached as high as $120 million, making it the largest BTC short on the Hyperliquid platform at that time.
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