Insider Brother closed half of his BTC short position with a stop loss 20 minutes ago. After losing $26 million in profits, he has now lost $2 million of his principal, leaving only the last $1 million.

It seems that these few individuals who have incurred large losses on Hyperliquid have a similar way of losing money: continuously rolling positions and then being stopped out or liquidated by the choppy market, resulting in significant losses.

This is actually path dependence: after all, their large profits before the losses were also won through rolling positions.

From James Wynn to AguilaTrades, and now to "Insider Brother", it has been the same.

Currently, "Insider Brother" still holds a BTC short position worth $62.5 million, with a liquidation price at $115,368.

Address🔗👉: 0x916ea2a9f3ba1ddd006c52babd0216e2ac54ed32