BlockBeats News, March 20th, according to on-chain data analyst Yujin Monitoring, [Hyperliquid 50x Whale] @qwatio closed a MELANIA long position 15 minutes ago, earning $87,000 in profit.
They then opened a short position on BTC: currently using $690,000 USDC as collateral to short 326 BTC with 40x leverage (worth $27.62 million). Entry price was $84,566, liquidation price is $85,545.