Large Investors continue shorting BTC: $100 million Position unrealized gains of $5.74 million, target price $94,000

According to monitoring data, a large investor active on the Hyperliquid platform currently holds a short position in Bitcoin worth $103 million, equivalent to approximately 1,007 Bitcoins. This investor's entry price was $108,467.1, and the liquidation price is $113,155.06. As of now, this position has unrealized gains of $5.74 million, while also earning $1.34 million through funding fees. Analysis predicts that their latest take profit target range is between $93,622 and $94,616. It is worth noting that this investor has previously made four shorting operations on Bitcoin, accumulating profits of approximately $14.96 million, demonstrating exceptional shorting capabilities.