Hyperliquid whale 50x "turned the tide": From loss to profit of 1.18 million USD thanks to the sudden drop in BTC

$BTC According to PANews (12/5), analyst @EmberCN revealed a whale using 50x leverage on Hyperliquid just had a spectacular "escape":

🎢 Trading developments:

• Opened short: With an average price of $104,319/BTC, volume 1,414.14 BTC (≈ 1.46 billion USD position).

• Golden opportunity: When BTC dropped to $103,478, the whale immediately closed all positions.

• Profit: ≈1.188 million USD (from negative to positive).