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VBVIT holds $104M leveraged short in Bitcoin with $4.89M unrealized gain on Hyperliquid

04 Nov 2026, 18:11 WIB
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VBVIT holds $104M leveraged short in Bitcoin with $4.89M unrealized gain on Hyperliquid

As of November 4, VBVIT maintained a 25x leveraged short position in 1,376.07 Bitcoin (BTC) worth about $104 million on Hyperliquid, showing an unrealized gain of $4.89 million. The average entry price was $79,860.80, making it the most profitable BTC short on the platform. The account also held $163 million in total positions, with 95% on the short side, including exposure to Ether and a Nasdaq-100 instrument. This reflects a significant bearish bet on Bitcoin and other assets, with prior snapshots showing a previous unrealized loss that has since turned into profit.

Following VBVIT's notable $4.89 million gain on a $104 million Bitcoin short, Bitcoin itself is currently trading higher on Pluang, priced at Rp1.464.729.675 as of November 4, 2026, 23:23 WIB. The platform shows a 4.00% increase in Bitcoin's price over the past day, with a market cap of Rp28.630,27 trillion and a 24-hour trading volume of Rp509,48 trillion. Pluang's order activity leans towards buying, with 58% buy orders compared to 42% sell orders, and typical holdings last about 112 days.

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