Hyperliquid closes MELANIA long position on 50x leveraged giant whale before opening short BTC again at 40x

Bitget2025/03/19 16:58

According to chain analyst Ashes, the 50x leveraged giant whale on Hyperliquid closed a long position in MELANIA for a profit of $87k. He then re-opened a short BTC order: currently short 326 BTC (worth $27.62 million) using 690,000 USDC as margin at 40x. The position was opened at $84,566 and liquidated at $85,545.

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Hyperliquid closes MELANIA long position on 50x leveraged giant whale before opening short BTC again at 40x

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