A whale went long with 40x leverage on approximately $30.6 million worth of BTC, with a take-profit price set at $74,400.

BlockBeats News, May 28th, according to LookIntoChain monitoring, the whale 0x0df2 deposited 6.2 BTC (about $455,000) on the Hyperliquid platform to open a short position of 145.42 BTC (about $10.66 million). After making a profit of $311,600, the whale quickly closed the position, then promptly reversed to open a long position with 416.6 BTC at 40 times leverage, approximately $30.6 million, with a take-profit price set at $74,400, expecting a profit of $439,000. The liquidation price was $72,430.