The Big Hyperliquid Whale, @JamesWynnReal has been sitting on a large unrealized profit.
He just scaled out half of his previously $800M+ $BTC position during the last hour.
This is partially why you've seen the move down just now, as he's essentially twapping out $15M clips every few minutes currently.
Hats off to this degen. You can call it skill or you can call it luck. But to open nearly a billion $ size position publically for everyone to track is insane and not something we've seen before.
Interesting times.