A is a long position, B is a short position. After the long position breaks the short position, the long position continues to make profits. At this point, who pays for A's profits? The mechanism of each exchange is different, such as Binance and OKX, which use DSL mechanism to close out a portion of long positions. However, in the short period of B's liquidation, it is a risk pool that bets against A's long positions. The source of funds in the risk pool is the accumulated liquidation fees from previous liquidation. The method adopted by Hyperliquid Treasury is to directly bet on the long positions of Treasury and A, without forcing the liquidation of profitable long positions or selling out long positions in the market to balance losses, which will result in serious losses for Treasury