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

Massive BTC Short Position Triggers Social Media Uproar!

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!

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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