Hyperliquid Whales Realign Crypto Positions: 'Ultimate Short' Trims BTC Shorts, 'Paul Wei' Adds BTC Longs

On December 16, several major traders on Hyperliquid adjusted leveraged positions during a market pullback, according to Coinbob address tracking data. The address pension-usdt.eth opened new 3x BTC long positions totaling about $85.76 million at an average entry of $86,300, becoming the platform’s largest BTC long holder after earning $2.8 million from earlier trades. Meanwhile, the whale known as “终极空头” (Ultimate Short) partially closed $8.6 million in BTC shorts, realizing $2.37 million in profit. Trader Paul Wei added to BTC longs, while BTC OG 内幕巨鲸 continued holding a $564 million ETH long opened in November at an average price of $3,167.