A significant $77 million short position in Hyperliquid GOLD is being closed by trader mk4 (@mk4_lul). The trader has been gradually closing the position within the $4,544.5 to $4,555.8 range, having already liquidated 12,600 units valued at $57.39 million, incurring a loss of $188,000. Approximately $20 million of the position remains open.