"Hyperliquid 50x Whale" is closing the short position of BTC and taking profit through the TWAP strategy, and has closed the short position of 108 BTC

PANews reported on March 17 that according to on-chain analyst Ember monitoring, "Hyperliquid 50x Whale" has been closing BTC short orders and taking profits through the TWAP strategy. At present, 108 BTC short positions have been closed in the last hour and a half. At present, he also holds 5,500 BTC short orders, worth $455 million. PS: The TWAP (Time-Weighted Average Price) strategy is to split large trading orders into several small orders and execute them at fixed intervals, so as to reduce the impact of large orders on market conditions and make the average transaction price closer to the actual market price.