After cashing out ETH for a profit of $11.6 million, a certain whale is now shorting BTC and ETH on Hyperliquid with an unrealized loss of $4 million.

Jinse Finance reported, according to on-chain analyst Yujin's monitoring, a certain whale cleared out their ETH holdings at a price of $4,221 two weeks ago, making a profit of $11.6 millions, after which the market continued to rise. In the past two days, this whale has opened short positions worth $137 millions on Hyperliquid, currently with an unrealized loss of $4 millions. After closing short positions in June, the whale bought 6,037 ETH spot at $2,299. On September 22, they sold the ETH purchased in June at $4,221, earning $11.6 millions. After selling ETH, the market continued to rise. In the past two days, the whale has shorted BTC and ETH worth $137 millions on Hyperliquid, currently with an unrealized loss of $4 millions. They opened a 40x short on 800 BTC, worth $100 millions, with an entry price of $120,892 and a liquidation price of $129,848; and a 20x short on 8,000 ETH, worth $37 millions, with an entry price of $4,502 and a liquidation price of $5,109.