A certain whale address has made over 4 million dollars in floating profit from a 40x BTC long position

According to HyperInsight monitoring, the "40x long BTC" whale address on Hyperliquid has a floating profit of 4.15 million USD, with an entry price for this long position at 78,146.7 USD and a position value of approximately 100 million USD.

Previously, multiple monitors claimed that this address was associated with Mechanism Capital partner Andrew Kang. However, Lookonchain stated that it had verified with Andrew Kang and confirmed that the address does not belong to him.