mk4 (
@mk4_lul) opened a ~$100M solana:GoLDppdjB1vDTPSGxyMJFqdnj134yH6Prg9eqsGDiw6A short using a TWAP over the last hour. That represents more than 50% of that market’s open interest.
At the same time, he has also been TWAPing out of the position, and still is.
He is down ~$200k so far on this trade, but his all-time PnL is over $32M.
Check his address here:
This is the largest Gold position ever opened on Hyperliquid.