「pension-usdt.eth」 Whale Shorting Position Loses $18 million, Becomes Top 1 Loss Address on Hyperliquid

May 6th — Per HyperInsight monitoring, Bitcoin (BTC) continued to rally during the holiday period, pushing above $81,000. On-chain trader "pension-usdt.eth," which previously focused on short-term trades, has been forced to hold its position for more than 35 days. Its unrealized losses on short positions have hit $18 million, making it the address with the biggest losses on Hyperliquid over the past 7 and 30 days. Currently, the address holds: - A 3x leveraged BTC short position (size: $81.2 million) with an average entry price of $67,992; - A 3x leveraged ETH short position (size: $47.3 million) with an average entry price of $2,131. It is now the largest on-chain BTC short holder. Address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902