Hyperliquid Address Holds Bitcoin Short Worth $101 Million
A large Hyperliquid address is holding a short position in bitcoin with a notional value of $101 million, Binance reports, citing ChainCatcher.
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what happened
According to Binance, which cites ChainCatcher and Liquid247.xyz, the Hyperliquid address 0xfc2713...9d9d currently carries a short position of 1,338.868 BTC. The notional value of the position is about $101 million.
At the time of publication, bitcoin was trading at $75,790.
why it matters
A position of this size shows that some large derivatives traders are betting on a decline in bitcoin. A short alone does not reveal where prices will go, so the data is better read as a sentiment gauge than as a trading signal.
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sources
- Hyperliquid Address Holds 1,338.868 BTC Short Position Worth $101 Million — Binance, 8 November 2026 at 06:06 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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