Hyperliquid Whale Shorts BTC and ETH with 40x and 25x Leverage, $2.75M Unrealized Profit in 4 Hours

According to TechFlow, on October 30, Onchain Lens monitoring showed that a trader who had been inactive for the previous 3 months reopened positions, shorting 620.71 BTC with 40x leverage (worth approximately $47.77 million) and 22,050 ETH with 25x leverage (worth approximately $48.56 million). About 4 hours after opening positions, their unrealized PnL reached $2.75 million. The trader's cumulative PnL over the past 30 days was $2.69 million, and their all-time cumulative PnL was $1.16 million.

Source: TechFlow