A certain new address went 20x short on BTC, with an average entry price of $101,653

BlockBeats News, November 8, according to The Data Nerd monitoring, a newly created wallet 0x7b7 established a 20x BTC short position on Hyperliquid, with an entry price of around $101,653.

Currently, their unrealized loss is around $1.8 million, with a liquidation price of around $104,230.