CDS Crypto News Massive BTC Short Position: Whale Risks It All on Bitcoin Drop!
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Massive BTC Short Position: Whale Risks It All on Bitcoin Drop!

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Massive Btc Short Position Whale Risks It All On Bitcoin Drop!

Massive BTC Short Position Triggers Social Media Uproar!

Massive Btc Short Position: Whale Risks It All On Bitcoin Drop! 337166

The price of Bitcoin (BTC) has been stable since last Tuesday, rising over the weekend to its 200-day average of around $84,000. While betting bullishly on the MELANIA token, a crypto whale has adopted a contrarian approach by placing a leveraged bearish wager on BTC valued at millions on Hyperliquid.

With a short position in Bitcoin perpetual futures worth over $445 million, the whale made $1.3 million in unrealized gains. The data sources Hyperliquid and Lookonchain indicate that the trade used 40x leverage and had a liquidation price of $86,000. On Sunday, this excessively short position predicted a decline in the price of Bitcoin, which caused a stir on social media. Other market players were encouraged by the pseudonymous trader CBB to join a group of bulls who were trying to liquidate the whale.

11 hours ago, @Cbb0fe publicly formed a team to hunt this whale who shorted $BTC with 40x leverage. Just one hour later, the team was in action, driving $BTC above $84,690 in a short period. The whale was forced to deposit $5M USDC to increase margin and avoid liquidation. But the hunt ultimately failed,

Lookonchain

Melania Trump-Linked Memecoin Sees Whale Interest Amid Market Hype!

Melania Trump-Linked Memecoin Sees Whale Interest Amid Market Hype!

In anticipation of a price increase in the memecoin, which is purportedly marketed by MKT World LLC, a Florida-registered business owned by Melania Trump, the wife of U.S. President Donald Trump, the crypto whale recently also had a 5x leveraged long position in the MELANIA permanent futures. Throughout the entire occurrence, Hyperliquid exulted, claiming that trading had been revolutionized by the transparency of trading positions on their platform.

When a whale shorts $450M+ BTC and wants a public audience, it’s only possible on Hyperliquid. When headlines say “Bitcoin Market on Edge,” they are equating “Hyperliquid” with the “market.” Anyone can photoshop a PNL screenshot. No one can question a Hyperliquid position, just like no one can question a Bitcoin balance. The decentralized future is here,

Hyperliquid

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Massive Btc Short Position: Whale Risks It All On Bitcoin Drop! 337166
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lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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