PANews, May 12 news, according to on-chain analyst Yu Jin, the recent market decline allowed the 'Hyperliquid 50x brother' to successfully turn a high-leverage BTC short position from a loss to a profit and quickly close it. He opened a short position of 1414.14 BTC (total value approximately $146 million) at an average price of $104,319, and closed it all when BTC dropped to $103,478, making a profit of approximately $1.188 million.