A prominent Bitcoin investor has deposited $30 million in USDC into the HyperLiquid platform to open a significant short position on Bitcoin. The position involves 700 BTC, valued at $76 million, with an entry price of $109,133.1 and a liquidation price set at $150,080. The investor is utilizing 10x leverage for this trade, indicating a high-risk strategy in anticipation of a potential price decline in Bitcoin.
Bitcoin Whale Opens $76M Short Position on HyperLiquid
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