According to EmberCN, a trader known as 'Hyperliquid 50x 老哥' added 10 million USDC as margin on Hyperliquid, reducing the liquidation price of their ETH position to $1805. Today, the trader has transferred a total of 15.23 million USDC into Hyperliquid as margin, with current floating profits of $5 million. This move indicates the trader's strategy to mitigate risk amidst volatile market conditions.

According to Ai 姨 (@ai_9684xtpa), Bitcoin has dropped to the $70,000 range due to the impact of the stock market crash. A significant short position on Hyperliquid, leveraging 20x on $BTC, has seen its floating profits expand to $8.392 million. The trader's target exit price is between $70,475 and $74,192, requiring a further 7% to 10% drop to achieve this goal.