A new cryptocurrency wallet has been created with a $7 million USDC deposit to Hyperliquid, where the owner has opened significant short positions on Bitcoin (BTC) and XRP. The trader has leveraged 20x to short 1,129 BTC, valued at approximately $116 million, and 8,888,888 XRP, worth around $20.35 million. This activity suggests a high-risk strategy, with the individual also identified as a user of platforms like Roobet.
High-Stakes Trader Opens $136M Short Positions on BTC and XRP
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