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TechFlow, October 15 — According to Lookonchain monitoring, Bitcoin OG trader "1011short" has fully closed his Bitcoin short positions on Hyperliquid, realizing over $197 million in profit across two wallets.
After the closure, the trader immediately deposited 89 million USDC into Binance, suggesting a potential re-entry into Bitcoin short positions. Meanwhile, Bitcoin open interest on Binance increased by $510 million shortly after his deposit.
According to Lookonchain monitoring, Bitcoin OG trader "1011short" has fully closed his Bitcoin short positions on Hyperliquid, making over $197 million in profit across two wallets. After the liquidation, the trader immediately deposited 89 million USDC into Binance, suggesting a possible re-entry into shorting Bitcoin. Meanwhile, open interest for Bitcoin contracts on Binance increased by $510 million shortly after his deposit.
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