A prominent crypto trader, identified as 0x0df2, executed a significant trading maneuver on the Hyperliquid platform. Initially, the trader deposited 6.2 BTC, valued at $455,000, and sold it to open a short position of 145.42 BTC, worth $10.66 million. This short was closed with a profit of $311,600.
Subsequently, 0x0df2 reversed their position, leveraging 40x to long 416.6 BTC, amounting to $30.6 million. The trader has set a take-profit target at $74,400, which could yield a profit of $439,000, with a liquidation price set at $72,430.3.
Crypto Trader 0x0df2 Flips $10.66M Short to $30.6M Long on Hyperliquid
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