A whale with cumulative profits of over $97 million opens a short position on CASHCAT, with the current position worth about $355,700

CoinFeed July 11 news, according to Onchain Lens monitoring, a whale trader on Hyperliquid with cumulative trading profits of $97.2 million recently opened a short position on CASHCAT, with the latest position already showing an unrealized profit of about $17,900. Specifically, the whale shorted 1.85 million CASHCAT with 3x leverage, position value about $355,700. The market is closely watching whether this trade will push the account's cumulative profits past the $100 million mark, or whether the subsequent trend of CASHCAT will prove the whale wrong.