[Hyperliquid Account Shows $44M Unrealized Loss, Largest PUMP Short Position] The account named 'btc@(tuta.com)' on Hyperliquid holds the largest short position in PUMP, with an unrealized loss of $35M. They shorted 8.56 billion PUMP tokens with 5x leverage, making the position worth $64M. The entry price was $0.00338, but the current PUMP price has more than doubled since then. In addition to PUMP, the account also holds several other short positions, mainly in SOL and LINK. The total unrealized loss has now reached $44.1M. However, this address is highly active in trading and might possibly be an arbitrage/hedging address. Address link: https://hyperbot.network/trader/0x880ac484a1743862989A441D6d867238c7AA311C Sponsored by Bitget｜@Bitget_zh