PANews reported on March 18th that a Whale who shorted 50 times leverage on the Hyperliquid platform closed a position of 6210 BTC within 10 minutes, worth 520 million US dollars, pushing the BTC price from 82,400 US dollars to 83,200 US dollars. In this 4-day trading, the trader made a profit of 4.73 million US dollars with a margin of 17.15 million US dollars.
After Close Position, he allocated funds as follows: buy 3202 ETH (6.1 million USD), 1039 PAXG (3.1 million USD), and deposit 12.5 million USD in Maker. It is reported that the trader often converts some of the funds into ETH and PAXG after Close Position, while the rest is deposited in Maker, waiting for the next trading opportunity.
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Whale with 50x leverage bought $6.1 million worth of ETH and $3.1 million worth of PAXG, and deposited $12.5 million into Maker
PANews reported on March 18th that a Whale who shorted 50 times leverage on the Hyperliquid platform closed a position of 6210 BTC within 10 minutes, worth 520 million US dollars, pushing the BTC price from 82,400 US dollars to 83,200 US dollars. In this 4-day trading, the trader made a profit of 4.73 million US dollars with a margin of 17.15 million US dollars. After Close Position, he allocated funds as follows: buy 3202 ETH (6.1 million USD), 1039 PAXG (3.1 million USD), and deposit 12.5 million USD in Maker. It is reported that the trader often converts some of the funds into ETH and PAXG after Close Position, while the rest is deposited in Maker, waiting for the next trading opportunity.