Whales close short positions on BTC, ETH, and SOL, profiting over $4 million.

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A whale closed all short positions in BTC, ETH , and SOL on HyperLiquid, locking in a total profit of over $3.96 million.

on-chain tracking data shows that this whale had previously shorted 255 BTC, then closed all three positions. This development reflects profit-taking activity by a large trader on a cryptocurrency Derivative platform.

MAIN CONTENT
  • Whales closed all their Short positions on BTC, ETH, and SOL on HyperLiquid.
  • Total profit recorded: over $3.96 million.
  • BTC position size: short selling 255 BTC.

Whale trade: closing Short on BTC, ETH, SOL and taking profits.

A whale has completed closing Short positions in BTC, ETH , and SOL on HyperLiquid, with a total profit of over $3.96 million.

According to monitoring data from Onchain Lens cited on December 24th, this whale had previously shorted 255 BTC on HyperLiquid before closing the entire position. The information described indicates that they liquidated all three Cryptoasset: BTC, ETH , and SOL.

Closing multiple Short positions simultaneously is often associated with a profit-locking strategy after periods of volatility. In this case, the published data only states the total profit and the size of the BTC Short position (255 BTC), without providing detailed entry/exit prices or execution times.

on-chain data context and notes

The update stems from on-chain monitoring, focusing on the activity of a whale wallet on the HyperLiquid platform.

The original content clearly states that the information is for data-driven purposes only and does not constitute investment advice. Investors should consider the risks when evaluating signals from whale trades, especially when the post does not include parameters such as leverage level, liquidation price, or volume of ETH and SOL.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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