‘Hyperliquid 50x Leverage Mega Whale Closes Dual-Platform Position for $80,000 in Profits Today

According to Ashes, ‘Hyperliquid 50x Leveraged Whale’ closed his positions on GMX and Hyperliquid within 10 minutes, and he ended up making $80,000 in profit from this dual-platform, dual-line operation today.

Today the trader first shorted ETH on GMX with $2.24 million and quickly closed the position 5 minutes later for a profit of $170,000; then he went long ETH and short BTC on Hyperliquid with $2.3 million and withdrew $2.46 million USDC when the position was closed for a profit of $160,000; and finally he went long ETH on GMX with $1.5 million but withdrew $1.24 million when the position was closed, for a loss of $250,000. This resulted in a loss of $250,000 USD.