Trader ‘Tether FUD’ Makes Bold $379 Million Bitcoin Short
- A trader on Hyperliquid placed a significant bitcoin short position.
- The position uses 40x leverage, amplifying potential gains or losses.
- The notional value of the trade is approximately $379 million.
- The trader is known by the pseudonym ‘Tether FUD’.
This weekend, a trader identified as ‘Tether FUD’ executed a high-stakes bitcoin short on Hyperliquid with a notional value of around $379 million, utilizing 40x leverage to maximize the impact of their bet.
Source (2.6)https://news.bitcoin.com/40x-leverage-millions-on-the-line-meet-the-trader-betting-big-against-btc/?rand=52384
