22 million still in the game, not even sweating

According to Crypto World news, HYPE short positions were reduced by 39,504.16 units, roughly equivalent to $2,098,900. The current position size is $22,213,541.48, with an average price of $39.49. The current profit/loss is -$5,318,938.28 (-119.72%). The current coin price is $51.92, and the liquidation price is $72.54. This whale has long relied on market volatility during downward phases, profiting from going long BTC and altcoin exchange rates. Now, with a total position size of $50 million, it is going long BTC while simultaneously shorting HYPE, for total profits of over $37 million across the entire cycle.