A whale made a profit of $589,000 by shorting BERA in less than 2 hours

Reprinted from panewslab
02/07/2025·3MAccording to PANews on February 7, according to Lookonchain monitoring, after BERA went public, a whale made a profit of $589,000 by shorting BERA in less than 2 hours. The whale deposited US$1.6 million to Hyperliquid 16 hours ago and shorted BERA for about $13. He then closed his position and withdrew 2.19 million USD, making a profit of 589,000 USD.