"Hyperliquid 50x Insider Whale" Closed BTC Short Position Early Morning, Profiting $1.97 Million
Odaily Planet Daily reported that, according to monitoring by @EmberCN, the "Hyperliquid 50x Insider Whale" closed a short position at 1 a.m. today when BTC fell below $100,000, earning a profit of $1.97 million. The whale initially used $7.3 million in margin to short BTC, with James as the counterparty. During the period, due to a market rally, the position was continuously reduced to less than $1 million. On June 13, this address added to its position at a cost of 107,766 USDT. Subsequently, as BTC continued to pull back, the whale successfully reversed the trade and made a profit. As of now, this whale has accumulated a total profit of $26 million from trading on Hyperliquid through three addresses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
Crypto prices
More
