A whale that previously lost $1.595 million shorting CL is about to break even by shorting again.

CoinFeed reported on March 10th that, according to on-chain analyst @ai_9684xtpa, the whale address that lost $1.595 million shorting CL on March 8th has finally made back its losses through shorting. It shorted 6562 CL tokens ($5.57 million) at an average price of $106.28, and is currently showing a floating profit of $1.405 million, nearing break-even. This makes it the second most profitable address for Hyperliquid CL positions.