Crypto Whale Closes BTC Short for $1.7M Profit, Opens $137M Leveraged Long on Hyperliquid

On Jan. 9, a BTC trader on Hyperliquid, identified as address 0x94d37, closed a short position for a $1.705 million profit, according to Hyperinsight. The trader then flipped long, opening a 15x leveraged position on 1,510.89 BTC worth about $137 million at an average entry of $90,631, currently showing $666,000 in unrealized gains. The same wallet also holds high-leverage longs across nine altcoins with roughly $1.003 million in unrealized profits.