Giant Whale opens 493 Bitcoin empty positions on Hyperliquid, with a floating profit of $112400

According to Onchain Lens monitoring, the address 0x77ee of Giant Whale has opened a 40x leveraged short position for 493 bitcoins (approximately $31.08 million) on Hyperliquid, with an opening price of $63241 and a clearing price of $73962. The position currently has a floating profit of approximately $112400, with a yield of 14.47%. The address currently holds 15 positions with a total position size of approximately $79.79 million, of which 92% are short positions, resulting in a historical cumulative trading loss of $5.66 million.