The 40x leveraged Bitcoin short position of "50x leveraged whale on Hyperliquid" currently has a floating profit of $1 million

According to on chain analyst Yu Jin's monitoring, the BTC short position of 50x leverage whale on Hyperliquid has been held for more than a day, and he just added 2.5 million USDC margin to the BTC short position. He is now using 11.75 million USDC margin to open a BTC short position worth 370 million USD on Hyperliquid with 40x leverage, with a opening cost of 84043 USD and a clearing price of 85596 USD. Currently, he has a floating profit of 1 million USD.