Data: Long-term short-selling BTC whales cancel limit buy order for BTC at $55,125

According to HyperInsight monitoring, the whale (0x5d2f4) has canceled a limit buy order for BTC at the price level of $55,125 on Hyperliquid, but will still buy 50 BTC when the price drops to $53,525; and will buy 100 BTC when the price drops to $50,525.

This whale entered a short position of 499.91 BTC with 20x leverage at a Bitcoin price of $111,499.3, and has now fully closed the position, with a total profit of $61.41 million over the entire period.