Trader closes BTC and ETH short positions for a profit of about $2.75 million

A trader closed roughly $97.3 million in BTC shorts and $23.24 million in ETH shorts on Hyperliquid, booking about $1.46 million and $1.29 million in profits respectively, for a combined gain of approximately $2.75 million. The account still holds BTC and ETH short positions worth about $25.55 million with roughly $2.8 million in unrealized gains, per OnchainLens data. Over the past 30 days the account has earned about $1.77 million while cumulative losses stand near $1.62 million. The scale of the realized profits highlights how large directional bets on Hyperliquid can move quickly, and the remaining $25.55 million short book makes the account worth watching for further closures or reversals.