The Hyperliquid whale closed the $ETH short position. His 40x #BTC short position is still in an unrealised profit of $4 million The whale opened a new 5x long position of #MELANIA but is currently down on this.
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HL whale strategy was simple Short huge amount at high leverage publicly in hyperliquid to gain attention Long in CEX at the same time He expected MMs and institutions would take out liquidation pushing BTC 1k$ above and that would trigger a good pump in BTC due to short squeeze and he would make net profit in his longs.
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BNB Chain surpasses Solana in 24-hour DEX volume.
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