Data: The "50x contract giant whale" BTC short position has been closed in the early morning, with a profit of 1.97 million USD

ChainCatcher news, according to Ember monitoring, the "50x contract whale" @qwatio closed a BTC short position at 1 AM, making a profit of 1.97 million dollars.

He initially used 7.3 million dollars in margin to open a BTC short position against James, but was subsequently liquidated down to less than 1 million dollars. Finally, on 6/13, he added a position with a cost basis of 107,766 dollars.

After that, the BTC price retraced, and he closed his position at 1 AM today when the BTC price was below 100,000 dollars. Not only did he recover his losses, but he also made an additional profit of 1.97 million dollars.

This year, he has earned 26 million dollars through trading on Hyperliquid across 3 addresses.