Hyperinsight said the wallet exited 782 BTC and 21,429 ETH short positions opened overnight, closing the trades at average prices of $61,499 and $1,632 respectively.
A major whale on Hyperliquid fully closed leveraged short positions in 782 BTC and 21,429 ETH on June 10, locking in about $170,000 in profit, Hyperinsight said. The combined positions were worth about $82 million and had been opened overnight. The trades were closed at average prices of $61,499 for Bitcoin and $1,632 for Ether. The wallet had previously been identified by Hyperinsight as an active fast trader in BTC and ETH rather than a long-term bear, with nine consecutive winning trades and about $710,000 in weekly profit. The address linked to the trader was 0x50b309f78e774a756a2230e1769729094cac9f20.