Insider Strikes Again – $114M $BTC Short Pays Off (For Now)

He’s back—and perfectly timed.

At 3:18 AM, the infamous Hyperliquid gambler—nicknamed “Insider”—opened another bold 40x BTC short, just as the market began to dip.

With $4.958M USDC in margin, he’s now holding 1,111.11 BTC, valued at $114 million, with an average entry of $107,766.3. The liquidation price? $110,830—tight, but precise.

So far, the call is working: he’s sitting on a $5.33M floating profit, inching closer to recovering the $5.88M loss from his last short.

Is this redemption in motion—or just another chapter in a high-stakes gamble?

Wallet: 0x51d99a4022a55cad07a3c958f0600d8bb0b39921