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A trader earned $311,600 by shorting BTC and then switched to a 40x leveraged long position.

A trader earned $311,600 by shorting BTC and then switched to a 40x leveraged long position.

ForesightNewsForesightNews2026/05/28 10:50
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Foresight News reported, according to monitoring by Lookonchain, the address starting with 0x0df2 deposited 6.2 BTC (approximately $455,000) into Hyperliquid yesterday, then opened a short position of 145.42 BTC (approximately $10.66 million). One hour ago, after closing the position and making a profit of $311,600, this address reversed and went long, and is currently using 40x leverage to go long on 416.6 BTC.

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