Hyperliquid traders had $52.5 million liquidated in 7 days, but still held $5.54 million in short positions.

A Hyperliquid trader has had $52.5 million liquidated in the past 7 days for shorting BTC, incurring a loss of $881,000. The trader currently holds $5.54 million in 40x leveraged short BTC positions, facing a 0.27% liquidation risk, with unrealized losses of $149,600 and a lifetime loss of $885,500. (Onchain Lens)