An address that once made $19.7 million in profit lost $9.05 million on long positions over the course of a week but is still adding to its BTC position

According to monitoring by on-chain analyst Ai Yi, an address lost $9.05 million on long positions over the course of a week but continued to add to its position. At the end of September this year, the address's Hyperliquid account was once up $19.7 million in profit, after which the account's returns declined. Its most recent BTC 40x long position was opened in the early hours of October 16, with the position at one point increased to $187 million; 5 hours ago, its ETH long position worth $11.74 million was fully liquidated, with a loss of $1.08 million. As of now, the address's ETH and BTC trades have realized a combined loss of $4.5 million. It currently has a remaining $110 million BTC long position totaling 1,355.6 BTC, with an unrealized loss of $287,000, and plans to stop out of the entire position if the price falls below $80,500.