A $200M Bet Against the Market… and It’s Actually Working 🤡

This wallet is looking the market dead in the eyes and saying:
“I’m not scared.”

On Hyperliquid, the top $BTC short and one of the biggest $ETH shorts just stacked nearly $200 MILLION in pure downside bets.

🔴 BTC Position

• 40x Short
• 1,073.5 BTC (~$98.95M)
• Entry: $92,469.3
• Current: $92,176
• Liquidation: $94,638.9
• Margin: $2.47M
• Floating PnL: +$314K
• Funding: +$5.5K

🔴 ETH Position

• 25x Short
• 31,093 ETH (~$98.91M)
• Entry: $3,269.91
• Current: $3,181.2
• Liquidation: $3,264.97
• Margin: $3.95M
• Floating PnL: +$2.75M
• Funding: +$102K

📊 Total Stats

• Perp Value: $197.8M
• Unrealized PnL: +$3.07M
• 7D Gain: +$2.9M
• Direction: 100% SHORT

Wallet Address 👇
0xd83516572789f1c782c8298efce58a5600318fd7