Hyperliquid whale sells $8.08M BTC, closing a long
Wallet 0x8742…8427 just filled a $8.08M BTC sell at 80,766.4.
Wallet 0x874226b22939904f436ff0434e1fd0ab257c8427 just filled an aggressive sell order worth $8.08M on Hyperliquid's BTC-PERP, at an average price of $80,766.4.
After this trade the wallet no longer holds a BTC position, so it was a take-profit or a cut.
Wallet margin balance: $1.91M.
Context: BTC is down 1.00% in 24 hours, funding -0.0007%/h, open interest $3.33B.
See this wallet's trade history on Hyperliquid Explorer: https://app.hyperliquid.xyz/explorer/address/0x874226b22939904f436ff0434e1fd0ab257c8427