PANews reports on April 10th that according to Lookonchain, a trader on the Hyperliquid platform has gone long on Bitcoin with 40x leverage, with unrealized profits currently reaching $4.27 million. The trader closed their Ethereum short position on the MUX platform 11 hours ago and immediately went long on Bitcoin, achieving a total realized profit of $6.16 million within 24 hours.
A high-leverage whale switched from ETH short to BTC long, making a profit of more than $6 million in 24 hours
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