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After the Whale closed the 50x leverage long order on MELANIA on Hyperliquid, it opened a short position on BTC again with 40x leverage.
[After the Whale closed a MELANIA long order with 50x leverage on Hyperliquid, they opened a 40x short order on BTC again] According to on-chain analyst Yu Jin's monitoring, the Whale closed the MELANIA long order on Hyperliquid with 50x leverage, making a profit of 87,000 USD. They then reopened a BTC short order: currently using 690,000 USDC as Margin to short 326 BTC (worth 27.62 million USD) with 40x leverage. Entry price was 84,566 USD, liquidation price was 85,545 USD.