A significant whale on Hyperliquid has placed a $13.5 million bet on Bitcoin outperforming altcoins, according to Hyperinsight monitoring. The whale opened a 22x leveraged long position in Bitcoin worth $6.37 million while holding short positions in various altcoins totaling $7.14 million. This strategic positioning reflects confidence in Bitcoin's market dominance (BTC.D), which has risen by nearly 4.4% over the past month, reaching over 61% before slightly retracing to 60.85%. This marks the third time Bitcoin's market share has surpassed 61% since November last year.
BTC Market Share Climbs as Whale Bets $13.5M on Bitcoin Outperformance
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