Trader VBVIT holds the largest unrealized short position in BTC on Hyperliquid, with a profit of $4.89 million.

An anonymous trader, VBVIT, holds a 25x leveraged short position of 1376.07 BTC, valued at approximately $104 million. The average opening price was $79,861, and the current unrealized profit is approximately $4.89 million, with an additional $426,000 in funding fees. The account's total holdings are valued at approximately $163 million, with 95% being short positions. BTC accounts for 63.8% of the position, and this is the most profitable short position in BTC on Hyperliquid.