Hyperliquid Whale Makes Significant Bitcoin Short Bet
- The “Hyperliquid whale” has initiated a $121 million Bitcoin short position.
- This position is set at a leverage of 10x on the decentralized exchange DEX Hyperliquid.
- The trade is linked to the Ethereum address “0xb317D,” known for its association with the “Hyperunit whale.”
On October 20, the trader known as “Hyperliquid whale” made a significant move by shorting Bitcoin with a substantial amount and high leverage on Hyperliquid DEX. This activity is tracked through an Ethereum address tied to previous large trades.
The $121 million short position highlights the trader’s continued strategy of leveraging large amounts against Bitcoin, reflecting confidence in their market predictions. (Source)
