A whale that had been "long-term short BTC" cancelled buy the dips$59,138 limit buy order for BTC.
According to Mars Finance, on February 6th, HyperInsight monitoring revealed that a long-term BTC short whale (0x5d2f4) has cancelled its limit buy order at $59,138 on Hyperliquid. This whale entered a 20x leveraged short of buy the dips BTC at $111,499.3. Currently, the short position has been reduced to 68.33 BTC, still showing a floating profit of $3.184 million. Additionally, it has received $10.0056 million in funding fees.