With a position value of $105.39 million, a trader went long on BTC with 20x leverage and ultimately made a profit of $176,600

Odaily News: Trader (0x344) took two days on Hyperliquid to build a BTC long position worth $105.39 million with 20x leverage. When the BTC price reached $87,200, the position had an unrealized profit of $2.44 million at one point. Subsequently, as U.S. Treasury yields hit 5%, the BTC price pulled back, and the trader closed the entire position, ultimately making a profit of $176,600.