Hyperliquid's largest Bitcoin whale shorted the market once again this morning, increasing their short position to a new high of $114 million.

August 12th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the largest Bitcoin whale on Hyperliquid added to their short position three times this morning, totaling 1,010 BTC. Their position has reached a new all-time high, with a value of $114 million. The average entry price is $63,999, and they are currently enjoying an unrealized gain of $335,000.