Trader closes $105.39 million BTC long position for $176,600 profit

According to Arkham, a trader identified as 0x344 opened a $105.39 million BTC long position with 20x leverage on Hyperliquid over two days. While the position saw a floating profit of $2.44 million yesterday, the trader closed the entire position as BTC prices retreated, resulting in a final profit of $176,600.