Traders' cumulative liquidated positions exceeded $52.5 million over the past 7 days, yet they continue to short BTC.

On November 4, according to monitoring by OnchainLens, a Hyperliquid trader faced multiple liquidations over the past 7 days, involving cumulative positions exceeding $52.5 million, with losses of approximately $881,000.

Monitoring shows that the trader still holds a BTC short position worth approximately $5.54 million, leveraged at 40x, which is about 0.27% away from the liquidation price, with an unrealized loss of approximately $149,600. The wallet's cumulative PnL stands at a loss of approximately $885,500.