6 hours ago

Hyperunit Whale Profits $12M Betting on $700M Bitcoin Short: Further Market Drop Imminent?

TLDR: The $10B whale holds $5B in BTC and $5B in ETH while increasing BTC short positions. Hyperliquid BTC short now totals $735M, with profits surpassing $12M, data shows. The whale used $80M USDC and 5x leverage to open a $420M BTC short. Transfers to Binance hint at additional short positions and market activity by [...]

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Source: Blockonomi →