A prominent Bitcoin holder, known for converting BTC into ETH and USDC, has made a significant move by depositing $80 million USDC into the HyperLiquid platform. The investor has opened a Bitcoin short position with 6x leverage, currently valued at $418 million. This strategic position reflects a bearish outlook on Bitcoin's near-term price movements.
Bitcoin OG Opens $418M Short Position on HyperLiquid
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