On the Hyperliquid trading platform, two significant short positions in Bitcoin were opened, each utilizing a 40x leverage. One position is valued at approximately $114 million, while the other stands at around $100 million. The liquidation levels for these trades are set at about $64,104 and $64,579, respectively. To support these trades, each trader contributed roughly $5.4 million of their own capital. These positions mark the largest nominal volumes currently on the exchange, with no other active trades in the respective wallets.