According to Lookonchain monitoring, with bitcoin back above $116,000, in order to avoid liquidation, whale 0xa523 sold another 152 ETH (about $679) to increase margin, and the loss position squaring part of the BTC short position. In just one month, the address has lost $43.40 million, surpassing Aguila Trades, insider trader qwatio, and James Wynn as the biggest loser on Hyperliquid.