A whale shorting BTC on Hyperliquid voluntarily sold at a loss of 306.4 BTC.

CoinFeed reported on March 25th that, according to Ai Yi, the wallet address 0x94d…33814, which held the largest BTC position on Hyperliquid, proactively closed out a short position of 306.4 BTC, incurring a loss of approximately $686,000. The notional value of this position was approximately $22.01 million. This address currently still holds a short position of 694.81 BTC, with a floating loss of approximately $1.37 million, and the liquidation price has been raised to $82,395. Simultaneously, its long position on BRENTOIL is also in a loss-making state, with a floating loss of approximately $742,000, putting pressure on the overall portfolio.