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Hyperliquid closes MELANIA long position on 50x leveraged giant whale before opening short BTC again at 40x

Hyperliquid closes MELANIA long position on 50x leveraged giant whale before opening short BTC again at 40x

Bitget2025/03/19 16:58

According to chain analyst Ashes, the 50x leveraged giant whale on Hyperliquid closed a long position in MELANIA for a profit of $87k. He then re-opened a short BTC order: currently short 326 BTC (worth $27.62 million) using 690,000 USDC as margin at 40x. The position was opened at $84,566 and liquidated at $85,545.

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