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A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum

A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Loo...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum
A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts. The breakdown is heavily weighted […]

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Bitcoin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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