Mysterious Hyperliquid trader is doubling down on their Bitcoin short
The Hyperliquid “insider whale” has now put down almost half a billion on a new Bitcoin short at 10x leverage, as the community continues to speculate who they are.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Hyperliquid “insider whale” has now put down almost half a billion on a new Bitcoin short at 10x leverage, as the community continues to speculate who they are.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Traders Stack $4.5 Billion in Calls as $95K Bets Take Shape
Bitcoin’s options market is sending a curious message. With bitcoin trading above $82,000, calls account for 60.24% of outstanding...
Does This $32M Whale Know Where Bitcoin’s Price Goes After $82.5K
A Hyperliquid trader is sitting on a $32.36 million bitcoin short exactly one year after the 10/10 crash that erased over $19.1 bi...
Trader nets $1.28 million on new 1,000x exchange Papertrade by moving Hyperliquid’s ETH prices
The same wallet later lost $450,000 when 30 short positions were liquidated on Saturday night after staying open for more than thr...
Bitcoin Rebounds After Rough Week, But Traders Are Pricing In More Downside
Bitcoin bounced after dipping to around $80,000. Traders are placing increasingly high odds BTC slips further before October is ov...
Bitcoin hedge funds face a liquidation trap when their collateral is split across markets
Here's a hypothetical situation: a hedge fund is making money, but one of its exchanges is about to liquidate its position anyway....
Being right about Bitcoin won’t save your 3x leveraged ETF position
Bitcoin's next recovery could vindicate your investment thesis but leave your leveraged fund deep in the red, because the fund's d...