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[Whale Account Shorting BTC Loses Over $6.44 Million] On-chain data shows that three days ago, whale address 0x7b7 transferred 7 million USDC to the Hyperliquid platform to short BTC. After multiple stop-loss events, the current account balance is only $560,000, with a cumulative loss of $6.44 million. The short position once peaked at 2,222 BTC (approximately $226 million) and now only holds 300 BTC (approximately $31.87 million).

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