According to Hyperinsight on March 31, a whale betting on Bitcoin to outperform HYPE recorded $820,000 in profit over the past 24 hours. The address held a $28.1 million long BTC position at $70,557 and a $20.58 million short HYPE position at $38.9. HYPE fell nearly 5% to around $36 during the period, and the trade’s total gains over two days reached $2.1 million.