Smart whale 0xf3f (aka the “50x ETH” whale) has closed its BTC short position, earning a $4.06M profit in just 3 days!

• deposited 17.82M USDC to Hyperliquid as margin over the past 3 days, mainly to short BTC (40x leverage);
• closed all perp positions just now and withdrew 21.88M USDC back to its wallet.
• address: 0xf3f496c9486be5924a93d67e98298733bb47057c

Notably, following the exit, the whale spent 6.11M USDC to buy 3,202 ETH and 3.28M USDC to buy 1,040 PAXG.

The BTC price just jumped by $800, from $82,400 to $83,200, likely due to the whale's closing its short position.

Fig 1. Smart whale 0xf3f (aka the “50x ETH” whale) closed its BTC short position, earning a $4.06M profit in just 3 days.

Fig 2. The profit earned by the smart whale 0xf3f (aka the “50x ETH” whale).