According to recent data from COINOTAG News dated March 17th, notable trading activity has emerged from the “Hyperliquid 50x Whale,” which has strategically exited multiple BTC short positions to realize profits leveraging a TWAP (Time-Weighted Average Price) approach. This methodology involves dividing larger trades into smaller increments executed over set intervals, thereby mitigating the adverse effects of significant transactions on market pricing and enhancing the accuracy of average execution prices.
Insights from HyperInsight reveal that this entity maintains a sizable short position equivalent to 40x with a notional value reaching $455 million, currently exhibiting a floating profit of approximately $5.6 million. The position was initially entered at a price of $83,923.2 and is underpinned by a liquidation threshold set at $85,898. Additionally, the entity holds a MELANIA 5x long position, valued at $2.526 million, with a favorable entry price of $0.69135 and an ongoing market price of $0.74333, translating to an estimated floating profit of $177,000.