Data: Hyperliquid Bitcoin short position TOP1 holding address increased its position by 11.87 million USD in BTC and ETH

According to on-chain analyst @ai_9684xtpa, the Hyperliquid BTC short position TOP1 address has increased its holdings by $11.87 million in BTC and ETH positions, and is currently in a rolling position with a margin utilization rate of 106.5%.

As of now, this address holds a total of $276 million in short positions, including BTC/ETH/HYPE/PEPE/XMR, with BTC accounting for 54% of the position (liquidation price $92,315.4), ETH accounting for 36% (liquidation price $3,107.88), and an unrealized profit of $5.62 million.