HLP Vault Settlement "BTC OG Insider Whale" $700 million long position profits approximately $15 million

GateNews

2026-02-01 00:26:10

BTC-1,18%

ETH-0,45%

BlockBeats News, February 1st, according to MLM monitoring, Hyperliquidity Provider (HLP) this morning profited approximately $15 million from the liquidation of the “BTC OG insider whale” with a $700 million long position.

This single event brought about a return of approximately 5.8% for the gold reserve depositors, pushing the annual percentage rate (APR) to about 110%. Currently, HLP holds an Ethereum long position of approximately $230 million.

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