A trader closed out a $105 million long BTC position, ultimately realizing a profit of $176,600.
Source:
x.com
According to Arkham monitoring, trader 0x344 established a $105.39 million BTC long position on Hyperliquid over two days with 20x leverage. The position reached an unrealized profit of $2.44 million yesterday, but as the BTC price declined, the trader fully closed the position, ultimately realizing a profit of $176,600.