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"Hyperliquid 50x Whale" engaged in long-short equity strategy on BTC around the Federal Reserve interest rate announcement event, making a profit of 164%.
PANews March 20 news, according to on-chain analyst Yu Jin’s monitoring, “Hyperliquid 50x Whale” crazily operated around the Federal Reserve interest rate announcement event from 12 am to 3 am, engaging in long-short equity strategy on BTC, turning 690,000 USDC into 1,826,000 USDC, with a profit of 164%. The specific operation is as follows: ① At 2 AM, the Federal Reserve will announce the interest rate decision. At 12 AM, he shorted 326 BTC at a price of $84566 (27.6 million USD), and then closed the short position at a price of $83927 just before the interest rate decision was announced (1:48), making a profit of $215,000; ② As soon as the interest rate was announced at 2 PM, he immediately shorted 256 BTC at a price of $84404 (21.6 million USD) at 2:01, and quickly closed the position at $83906 just 6 minutes later, making a profit of $250,000; ③ After closing the short position, he immediately went long, opening a long position of 518 BTC at a price of $84500 (43.8 million USD) at 2:10, and then closing it at $85700 at 2:59, making a profit of $620,000; ④ After going long, he immediately shorted again: at 3:00, he opened a short position of 384 BTC at a price of $85666 (32.9 million USD), and closed it just 2 minutes later at $85146, making a profit of $106,000.