PANews reported on March 18 that according to on-chain analyst @ai_9684xtpa, the "Hyperliquid 20x short BTC whale" has fully closed its 512.64 BTC short position this morning, with a cumulative profit of $6.21 million in half a month.
It opened a 20x short position at the highest point of the BTC rebound (95,824 USD) on 03.03 recently, with a peak scale of 41.9 million USD, and then started to close the position in batches from 03.15, with the closing price range of 82,817 USD-84,303 USD.