A trader closed out a $105 million long BTC position, ultimately realizing a profit of $176,600.

According to TechFlow, on September 24, data from Arkham shows that trader 0x344 established a $105.39 million BTC long position on Hyperliquid over two days with 20x leverage. The position reached unrealized gains of $2.44 million yesterday, but as BTC prices retreated, the trader fully closed their positions, ultimately realizing a profit of $176,600.