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Hyper, currently ranked first on the total profit leaderboard, has strategically closed its long positions in Bitcoin (BTC). The total exposure of these positions amounted to $11.73 million, reflecting a significant move in the crypto market. This action underscores a cautious approach amid ongoing market volatility, as investors recalibrate their portfolios to optimize returns. Monitoring such high-profile position adjustments provides valuable insights into market sentiment and potential price trajectories for BTC. Staying informed on these developments is crucial for traders and institutional investors aiming to navigate the dynamic cryptocurrency landscape effectively.
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