Strategy Counterparty Closes SOL Long Position, Earns $700,000 Profit

KuCoinFlash

Release Time: 01/13/2026 05:46:38

Summary

A major counterparty on Hyperliquid (0x94d37) executed a take-profit strategy by closing its long position in SOL on January 13, 2026, securing a $700,000 profit. The account now faces a $35,000 floating loss. Previously, it engaged in position trading by building large short positions in BTC and ETH, peaking at $120 million. It was once Hyperliquid's largest BTC short and is now the second-largest.

BlockBeats News, January 13, according to... Hyperinsight Monitoring, Strategy Opponent Board, Front Hyperliquid The largest BTC short whale (0x94d37) has closed their long position in SOL, ultimately making a profit of $700,000, with a floating loss of $35,000 in their account's remaining positions.

This address established short positions in major cryptocurrencies such as BTC and ETH during the period when the Strategy continuously added BTC holdings. It once became the largest BTC short position on Hyperliquid with a position size of up to $120 million and is now the second-largest BTC short position holder.

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