Hyperliquid's' Insider Whale 'BTC short position closed early in the morning, earning $1.97 million According to on chain analyst Yu Jin's monitoring, the BTC short position of Hyperliquid "Insider Whale" @ qwatio was closed at 1:00 am with a profit of $1.97 million. He initially used $7.3 million in margin to open a BTC short position against James, but was subsequently liquidated and reduced to less than $1 million. Finally, on June 13th, he filled a first hand position with a cost of $107766. Afterwards, the BTC price continued to decline, and he closed his position at 1am today when the BTC price was below $100000. Not only did they recoup their losses, but they also made an additional profit of $1.97 million. He has earned $26 million in Hyperliquid transactions through three addresses this year.