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Infamous Hyperliquid leverage trader closes $520 million short BTC position, netting $9.4 million profit The Block 19 Mar 2025

Infamous Hyperliquid leverage trader closes $520 million short BTC position, netting $9.4 million profit 📉

An infamous Hyperliquid leverage trader has successfully closed a $520 million short position on Bitcoin, realizing a profit of $9.4 million.

Onchain analyst ZachXBT has labeled the trader as a "cybercriminal gambling with stolen funds," suggesting illicit activities behind the profitable trade.

Source: www.theblockcrypto.com ↗

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