ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the "Hyperliquid 50x whale" has been closing BTC short positions for profit using a TWAP strategy. So far, it has closed 108 BTC short positions in the past hour and a half. Currently, it still holds 5,500 BTC short positions, valued at $455 million.ChainCatcher note: The TWAP (Time Weighted Average Price) strategy involves splitting large trade orders into several smaller orders and executing them at fixed time intervals, thereby reducing the impact of large orders on market conditions and making the average execution price closer to the actual market price.