A major whale closed out a BTC and ETH short position, totaling $80 million

BlockBeats News, June 10, according to Hyperinsight monitoring, the lead whale on Hyperliquid who was shorting BTC and ETH has completely closed their position. This whale had previously opened a massive short position with maximum leverage, shorting 782 BTC and 21,429 ETH, with a total value of approximately $82 million.

Their average closing prices were $61,499 for BTC and $1,632 for ETH. This shorting cycle was initiated in the early morning and resulted in a final profit of approximately $170,000.

Address: 0x50b309f78e774a756a2230e1769729094cac9f20