Hyperliquid 50x Leverage Whale Executes Long and Short Strategies During Fed Interest Rate Decision, Profits 164% in 3 Hours

On March 20th, according to cointelegraph, during the Federal Reserve's interest rate decision, the Hyperliquid with 50x leverage carried out a frenzied operation. It engaged in BTC long and short trades within 3 hours and turned 690,000 USDC into 1,826,000 USDC, achieving a profit of 164%. The specific operations are as follows: 1: Before the announcement of the Fed decision: At 12:00, it opened a short position for 326 BTC at a price of $84,566 (position size $27.6 million), and then at 1:48, it closed at $83,927, making a profit of $215,000. 2: At the moment of the decision announcement: At 2:01, it opened another short position for 256 BTC at $84,404 ($21.6 million), and 6 minutes later, it closed at $83,906, making a profit of $250,000. 3: Reversed to a long position: At 2:10, it opened a long position for 518 BTC at $84,500 ($43.8 million), and at 2:59, it closed at $85,700, making a profit of $620,000. 4: Short position again: At 3:00, it opened a short position for 384 BTC at $85,666 ($32.9 million), and 2 minutes later, it closed at $85,146, making a profit of $106,000.