According to @EmberCN, a trader known as 'Hyperliquid 50x 老哥' closed a profitable MELANIA long position, making $87,000, and then opened a BTC short position with 40x leverage. The trader used 690,000 USDC as margin to short 326 BTC (worth $27.62 million) at an entry price of $84,566, with a liquidation price of $85,545.

According to EmberCN, a prominent trader known as 'Hyperliquid 50x 老哥' has opened a 5x leveraged long position on MELANIA at $0.716, just two hours after closing a $520 million BTC short position. The trader transferred $500,000 USDC into Hyperliquid for this trade. Given the trader's significant market influence, this move is expected to cause a short-term price surge in MELANIA.