Hyperliquid's "insider whale" closed its BTC short position in the early morning, making a profit of $1.97 million
2025/06/23 07:47
PANews reported on June 23 that according to monitoring by on-chain analyst Yu Jin, Hyperliquid "insider whale" @qwatio's BTC short position was closed at 1 a.m. with a profit of $1.97 million.
He initially used $7.3 million in margin to open a short BTC order with James, but his position was later reduced to less than $1 million due to liquidation. He finally added another position on June 13, with a position cost of $107,766. Since then, the BTC price has been falling back, and he closed his position at 1 a.m. today when the BTC price was below $100,000. He not only made back his losses, but also made an additional profit of $1.97 million.
He has made $26 million this year trading on Hyperliquid through three addresses.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bears set sight on $98K BTC, $2K ETH and $1.77 XRP
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) declined by nearly 5%, 13%, and 7%, respectively, last week as tensions in the Middle East escalated. BTC is nearly at its key support level of around $100,000; a close below this level would trigger further correction.
Share
Fxstreet2025/06/23 11:49
Anthony Pompliano announces $1 billion merger to form ProCap Financial, plans to build a Bitcoin native financial platform
PANews reported on June 23 that Anthony Pompliano tweeted that his private company ProCap BTC, LLC will merge with Nasdaq-listed SPAC Columbus Circle Capital Corp I ($CCCM) to form a
Share
PANews2025/06/23 20:34
Hacken: Recent security incidents were caused by "human error" leading to private key leakage
PANews reported on June 23 that according to The Block, Ukrainian Web3 cybersecurity company Hacken said that the reason why its native HAI token was minted in almost unlimited quantities
Share
PANews2025/06/23 07:05