A tracked whale address on Hyperliquid reopened a short position reportedly worth $10.09 million shortly after being liquidated on a previous Bitcoin short, according to on-chain monitoring attributed to analyst Ai Ai (@ai_9684xtpa). The move came as BTC briefly spiked near $72,800, wiping out the trader’s earlier 500 BTC leveraged short and signaling persistent bearish conviction from at least one large market participant.
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