ChainCatcher news, according to cinders monitoring, a Whale shorting with 50 times leverage on the Hyperliquid platform closed 6210 BTC short order within 10 minutes, worth 520 million US dollars, pushing the BTC price from 82,400 US dollars to 83,200 US dollars. In this 4-day trade, the trader made a profit of 4.73 million US dollars with a 17.15 million US dollars Margin.
After Close Position, he allocated funds as follows: buy 3202 ETH ($6.1 million), 1039 PAXG ($3.1 million), and deposit $12.5 million into Maker.
It is reported that the trader usually converts some of the funds to ETH and PAXG after Close Position, and the rest is deposited in Maker, waiting for the next trading opportunity.
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CAACTrainingInstitution
· 03-18 11:11
I should mention the liquidation price so I can calculate how much leverage I am using.
Data: Whale buys $6.1 million ETH and $3.1 million PAXG with 50x leverage, and deposits $12.5 million into Maker
ChainCatcher news, according to cinders monitoring, a Whale shorting with 50 times leverage on the Hyperliquid platform closed 6210 BTC short order within 10 minutes, worth 520 million US dollars, pushing the BTC price from 82,400 US dollars to 83,200 US dollars. In this 4-day trade, the trader made a profit of 4.73 million US dollars with a 17.15 million US dollars Margin. After Close Position, he allocated funds as follows: buy 3202 ETH ($6.1 million), 1039 PAXG ($3.1 million), and deposit $12.5 million into Maker. It is reported that the trader usually converts some of the funds to ETH and PAXG after Close Position, and the rest is deposited in Maker, waiting for the next trading opportunity.