Hyperunit whale closes $86.6M Bitcoin shorts for $2.38M profit
Summary
According to Arkham research, a major trader, known as the $10B Hyperunit whale, closed $86.6 million worth of Bitcoin shorts, realizing a profit of $2.38 million. This trader is noted for previously profiting $200 million by shorting the market before the China Tariff Crash. The whale remains active on the HyperLiquid platform and currently maintains an open Bitcoin short position valued at $140 million, which currently shows an unrealized profit of $4.3 million. The trading activity highlights the whale's ability to capitalize on volatility driven by geopolitical events like the recent US-China tariff developments.
(Source:Crypto Briefing)