This move by the whale is quite interesting. During the oscillating downward trend, they went long on the exchange rate, and now they've reversed and reduced their long positions, locking in a profit of 37 million.

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CoinNetwork
CryptoWorld News: A whale has reduced its long BTC position by 29.69 BTC on the HyperLiquid platform, approximately $2.3251 million.
The current position size is $25.3104 million, with an average price of $70,609.90, and a current profit and loss of $2.2668 million (+358.24%).
The current BTC price is $77,555.90, and the liquidation price is $21,739.02.
This whale has long relied on market oscillations during downward trends to profit from BTC and altcoin exchange rates, now holding a combined $50 million long position in BTC and short position in HYPE, with a total cycle profit exceeding $37 million.
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