A whale address that opened a 40 fold BTC short position added a position to short BTC, with a position value exceeding $70 million

BlockBeats News: On July 5th, according to HyperInsight monitoring, a whale address starting with 0x5D2 added $16.45 million (138.9 BTC) to its 40 times BTC short position on HyperLiquid, with a current floating loss of $447000. The specific position information is as follows: Opening price: 107464.40 $Leverage ratio: 40x Position amount: 70437384.89 $Position quantity: 651.28 Profit and loss: -447793.90 $Liquidation price: 116670.030$