according to on-chain analyst Ai Yi (@ai_9684xtpa), Bitcoin (BTC) briefly broke through $110,000 at 5 a.m. today. The "insider trader" who shorted 40 times on Hyperliquid finally cut all short positions and stopped loss, ultimately losing $5.88 million.
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The 40-fold short position on BTC was cut at 5 a.m. today, resulting in a loss of $5.88 million
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