On August 8, on-chain data showed that a whale increased its 40x leveraged Bitcoin long position by 158.32 BTC, now worth $30.46 million at an average entry of $117,170. Additionally, the whale initiated 20x leveraged short positions on SOL and XRP, valued at $13.66 million and $1.19 million respectively, while still maintaining a 10x leveraged BNB long. The trader has accumulated nearly $54 million in profits on Hyperliquid.