A BTC Whale with 40x Leverage on Short Positions Has Realized $5.23 Million in Profits and Earned $1.25 Million in Funding Fees

According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the Hyperliquid whale, who has profited $2.05 million from four consecutive BTC short positions since March 2025, is currently sitting on an unrealized profit of $5.23 million from a 40x leveraged BTC short. In addition, the whale has earned $1.25 million through funding fees.