"Long-term BTC Short" Whale Cancels $50,525 "Bottom-Fishing" BTC Limit Buy Order

MarsBitNews · 2026-03-21T18:41:39+00:00

Mars Finance reported that on March 21, monitoring showed a whale has withdrawn a limit order on Hyperliquid to bottom-fish BTC at $50,525, planning to buy 50 BTC when BTC drops to $53,525. The whale previously shorted 499.91 BTC with 20x leverage when Bitcoin was at $111,499.3, and has now closed the position with cumulative profits reaching $61.34 million.

MarsBitNews

2026-03-21 18:41:39

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Mars Finance reports that on March 21, according to HyperInsight monitoring, the “long-term short BTC” whale (0x5d2f4) has canceled a limit buy order to “bottom fish” BTC at $50,525 on Hyperliquid. The whale still plans to buy 50 BTC when the price drops to $53,525. The whale entered a 20x leveraged short position on 499.91 BTC at a Bitcoin price of $111,499.3, and has now fully closed the position, with a total profit of $61.34 million.

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