The 「Hyperliquid 50x Whale」 is currently liquidating a BTC short position for profit using a TWAP strategy

BlockBeats News, March 17th, according to Ashes Monitor, the "Hyperliquid 50x Whale" is closing BTC short positions to take profit using a TWAP strategy. In the past hour and a half, they have closed 108 BTC short positions. The TWAP (Time-Weighted Average Price) strategy involves splitting large trade orders into smaller orders and executing them at fixed time intervals to reduce the impact of large orders on the market price, aiming for a more accurate average execution price closer to the actual market price.

According to HyperInsight data, the current "Hyperliquid 50x Whale" has a 40x short BTC position with a notional value of $455 million, currently with a floating profit of $5.6 million. The entry price was $83,923.2, and the liquidation price is $85,898.

Their MELANIA 5x long position has a current notional value of $2.526 million, entry price of $0.69135, current MELANIA price of $0.74333, with a floating profit of approximately $177,000.