Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Hyperunit whale closes $86.6M Bitcoin shorts for $2.38M profit

Hyperunit whale closes $86.6M Bitcoin shorts for $2.38M profit

Cryptobriefing2025/10/23 00:57
By:Cryptobriefing

Key Takeaways

  • The $10B Hyperunit whale closed $86.6M in Bitcoin shorts for $2.38M profit, Arkham reported.
  • He still holds $140M in open shorts, profiting from US-China tariff volatility.

A whale executing large perpetual positions on the HyperLiquid closed part of his Bitcoin shorts, totaling $86.6 million, for a $2.38 million profit, according to Arkham research.

The trader previously made $200 million shorting the market ahead of the China Tariff Crash and remains one of the platform’s most active participants.

He still holds an open Bitcoin short worth $140 million, currently showing an unrealized profit of $4.3 million. The Hyperunit whale’s trading activity continues to draw attention for its timing around major geopolitical events such as the recent US-China tariff developments, which have driven volatility across crypto markets.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Faces Potential for Correction as Experts Predict Diverse Outcomes

In Brief Bitcoin sits at $108,000, facing potential for a significant market correction. Analysts suggest altcoins could surge if Bitcoin enters a downturn phase. Henrik Zeberg believes in a continued altcoin bull run as market dynamics shift.

Cointurk2025/10/23 03:09
Bitcoin Faces Potential for Correction as Experts Predict Diverse Outcomes