Deep Tide TechFlow News, on July 8, according to on-chain analyst Spot On Chain (@spotonchain), a whale who previously made a profit of 13.6 million USD on the Hyperliquid platform has returned to the market to open a high-risk Bitcoin short position.

This whale has deposited a total of 4 million USDC as margin in the past 19 hours, establishing a 40x leveraged short position of 1097.47 BTC (approximately 11.88 million USD). The entry price is 107926.6 USD, the liquidation price is 116510 USD, and the current unrealized profit and loss (including funding rates) is +1.176 million USD.