“Hyperliquid 50x Insider Whale” closed BTC short position in the early morning and made a profit of 1.97 million US dollars

Planet News: According to @EmberCN monitoring, the "Hyperliquid 50x insider whale" closed their short position at 1 AM today when BTC dropped below $100,000, gaining $1.97 million. Initially, they used $7.3 million as margin to short BTC, with James as the counterparty. During the process, due to market rises, they were continuously reduced to less than $1 million. On June 13, this address added a position with a cost of 107,766 USDT. Subsequently, BTC continued to callback, ultimately successfully reversing to profit. So far, this whale has accumulated a total profit of $26 million through 3 addresses on Hyperliquid.