Bitcoin Short Seller Holds $24M Unrealized Profit on Hyperliquid After Six-Month Position
A crypto trader has accumulated $24 million in unrealized profits from a Bitcoin short position held for over six months on Hyperliquid's perpetual futures market. The trader maintains a 1,232 BTC short valued at approximately $113.27 million with 20x leverage, entered at $111,499.30. The position faces liquidation at $101,641.11, with Bitcoin trading around $91,509.