A new wallet splurged 3.45 million U to open a 20x short order, BTC rises 7% and gets liquidated.

NonFungibleDegen

2025-12-02 00:10:15

[Block Rhythm] On December 2nd, a significant on-chain transaction worth following occurred.

A new wallet just deposited 3.448 million U into HyperLiquid and then opened a 20x leveraged BTC short position. This is quite a sum—holding size reached 38.6 million dollars, with an opening average price of 86,373.6 dollars.

However, the risk is also there: the liquidation price is $92,885.8. In other words, if BTC rises by about 7% more, this position will be liquidated.

The timing of this operation is quite subtle, just when BTC is oscillating at a high level. Is it a preemptive layout for a pullback, or is it a gamble on a short-term peak? The market will provide the answer.

BTC-0.03%

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RektHunter

· 8h ago

Damn, 20x short order and he's willing to do this, is he really brave or just foolish? This guy probably wants to experience what it's like to get liquidated in an instant. Open a short with 3.45 million U, is he that confident in his prediction? I think it's unlikely. It only rose 7% and it's gone, this operation is really thrilling. New wallet goes all in, I bet five bucks he regrets it.

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fork_in_the_road

· 8h ago

This guy is really daring, trying to buy the dip with a 20x short order, getting liquidated at 7%? I bet five bucks this is a large investor who knows the insider information.

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AirdropAnxiety

· 8h ago

This guy is really bold, using 20x short orders just to bet on that 7% rise... I'm sweating for him just watching. --- Entering at 3.45 million and immediately going for a 20x short? This new wallet is probably just a Large Investors account being tested. --- The countdown to getting liquidated has started, let's see when BTC hits this guy. --- A typical dumb buyer mentality, always thinking they can catch the bottom. --- To put it bluntly, they are just a gambler; 7% can lead to liquidation, this risk control... --- Playing so big with a new wallet, I bet he runs out of money after three consecutive losses. --- Wait, the liquidation price is only 7% off? Dude, your leverage has really skyrocketed. --- Just by looking at this move I know, this wallet won't last 48 hours.

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BlockchainDecoder

· 8h ago

From a technical perspective, the setting of this liquidation price is quite interesting - the number 92885.8 has only a 6.5% fluctuation margin from the entry price, and this margin usage rate is already close to the limit. According to the basic principles of derivation risk management, such extreme leverage configurations usually indicate that the operator either has some information advantage or is gambling on probabilities. It is worth noting that the combination of a new wallet + a large short order is often associated with a high liquidation rate in on-chain historical data.

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