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Deep Tide TechFlow News, May 28, According to HyperInsight monitoring, a new address on Hyperliquid completed a large position build-up, currently using 40x leverage to buy 416 BTC, with a position value of approximately $30.56 million, an average entry price of $73,345, and a liquidation price of $72,429. Currently, this address has placed a take-profit order, planning to close the position at $74,400.
It is reported that this address previously deposited $468k into the platform yesterday, then heavily shorted BTC, and fully closed the position half an hour ago, recording a profit of $311k, with a return rate of 66.5%. After taking profit on the short position in the past half hour, it immediately reversed to buy and go long.