A whale address has opened a 40x long position on BTC tonight, with an unrealized gain of over $4 million.

BlockBeats News, April 10th, according to HyperInsight monitoring, a whale address on Hyperliquid has realized a $4.15 million profit from a "40x long position in BTC." The long position was opened earlier tonight at an entry price of $78,146.7, with a position value of approximately $100 million.

Previously, several monitors claimed that this address was associated with Mechanism Capital partner Andrew Kang, but Lookonchain stated that they had verified with Andrew Kang, and the address does not belong to Andrew Kang.