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Hyperliquid Trader Reverses to $30.56M Long Position After $311K Short Profit on May 28

GateNews
Derivatives Data
BTC-3.27%
According to BlockBeats, on May 28, a new address on Hyperliquid reversed from a short position to a long position, accumulating 416 BTC (worth approximately $30.56 million) on 40x leverage. The address had previously profited $311,000 from shorting BTC with a 66.5% return rate, then flipped to buy 416 BTC at an average price of $73,345, with a take-profit order set at $74,400, according to HyperInsight monitoring.
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