On October 11, according to monitoring by on-chain data analyst Yu Jin, a certain contract whale address closed its short position at the bottom of the pin when the market fell sharply in the early morning of this morning. The BTC closing price was US$106,216 and the ETH closing price was US$3,433, with an overall profit of US$21.82 million.
It is reported that the address short$137 million worth of BTC and ETH on Hyperliquid after liquidating ETH at $4,221 on September 22 for a profit of $11.6 million, with opening prices at $120,892 and $4,502.