TechFlow news: On March 18, according to on-chain analyst Ai Yi (@ai_9684xtpa), a trader who had opened a 20x leveraged short position on Bitcoin via the Hyperliquid platform fully closed their entire short position this morning, totaling 512.64 Bitcoin.
The trader established the short position on March 3 when Bitcoin reached a rebound high of $95,824, with the peak exposure amounting to $41.9 million. Since March 15, the trader began closing the position in batches, at prices ranging from $82,817 to $84,303, generating a cumulative profit of $6.21 million over half a month.
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