According to BlockBeats news on June 23, as monitored by Yu Jin, the BTC short position of the '50x contract whale' @qwatio was closed with a profit of $1.97 million at 1 AM.
He initially used $7.3 million in margin to open a BTC short position against James, but was subsequently liquidated and reduced to less than $1 million. Finally, he added a position on 6/13, with a position cost of $107,766.
After that, the BTC price retraced, and at 1 AM today, he closed his position when the BTC price was below $100,000. Not only did he recover the losses, but he also made an additional profit of $1.97 million.
This year, he has earned $26 million through trading on Hyperliquid across 3 addresses.
