According to the latest update, the Hyperliquid trader later closed a 499.91 BTC 20x leveraged short with $61.34 million in cumulative profit while still keeping a plan to buy 50 BTC at $53,525.
The latest update says the Hyperliquid whale canceled a Bitcoin limit buy order at $50,525 but still intends to buy 50 BTC at $53,525. It also states that the trader had opened a 20x leveraged short position of 499.91 BTC at $111,499.3 and has now fully closed that short, with cumulative profit reported at $61.34 million. This adds new position and profit details beyond the earlier report that the trader had claimed a $5,565 Hyperliquid reward and opened a separate 40x Bitcoin short at $69,959. The available information does not clarify whether these references describe the same trade sequence or multiple separate positions.