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BitcoinTokenPostKorean, translatedFiled 18 h ago

Short 1,376.07 BTC, unrealized profit $4.89 million

Original headline비트코인(BTC) 1376.07개 숏, 미실현 이익 489만달러

Open the sourceReported by TokenPost, tokenpost.kr, 4 November 2026, by 김미래
Impact 30 of 100, routine

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An anonymous trader identified as VBVIT holds a 25x leveraged short position of 1,376.07 BTC on Hyperliquid, valued at roughly $104 million with an average entry price of $79,860.8 per bitcoin, and the position carries about $4.89 million in unrealized profit—the largest unrealized gain among all BTC shorts on the platform. The account's total position value is approximately $163 million, of which shorts make up 95% and bitcoin exposure 63.8%. The size and leverage of the bet make it a notable gauge of bearish conviction on Hyperliquid, a decentralized perpetuals venue. Traders will watch whether VBVIT realizes the gains or scales the short further, and how BTC price action around the $79,860 entry level affects the position's margin and the platform's broader short positioning.

Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.

Named in this story

Bitcoin (BTC), Hyperliquid (HYPE), VBVIT, BlockBeats, ai_9684xtpa

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