BTC Short Position Closed with Minor Profit, New Sell Order Placed

On April 24, recent monitoring by Hyperinsight revealed that a prominent BTC short seller, active in the Hyperliquid market, closed a near break-even short position. According to BlockBeats, the position was closed at an average price of $77,936, previously valued at $15.58 million, resulting in a small profit of $60,000. Following this, the same address placed a limit sell order for 100 BTC at a price above the current market value, specifically at $79,000, totaling approximately $7.9 million. The plan is to reopen the short position once the price reaches this level. Address: 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8