Hyperliquid whale reduces SOL short positions, with unrealized profit of $910,000

On January 13 (UTC+8), according to Hyperinsight monitoring, the second largest BTC short whale address on Hyperliquid, 0x94d37, continued to reduce its SOL short positions. Currently, it is shorting 353,342 SOL (approximately $48.92 million) with 20x leverage, with an unrealized profit of $910,000 on SOL alone and a total account unrealized profit of $1.003 million. This address previously opened short positions in major coins such as BTC and ETH during the Strategy's BTC accumulation period, with the position size once reaching $120 million, making it the largest BTC short on Hyperliquid at one point.