Bitcoin Whale Dumps $521 Million Short for Profit, Goes Long on Melania Trump Meme Coin
A Hyperliquid trader banked nearly $4 million profit on a massive leveraged Bitcoin short, then proceeded to bet on MELANIA.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated market context
Coinbase integrates Hyperliquid perps, adds 50x crypto longs to Base App
Coinbase's integration with Hyperliquid may boost decentralized finance engagement, potentially influencing the likelihood of a Ba...
Bitcoin breaks $69,000 as short sellers get squeezed for $196 million
Bitcoin's surge highlights the volatility and risk in crypto markets, where geopolitical events and trader behavior can trigger ra...
Coinbase Routes Base App Users to Hyperliquid's Perps. No US Access Yet
Base App was built around Coinbase's bet on crypto-native social features, but in reality, most users just need leverage. Coinbase...
Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump
Bitcoin Magazine Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump Daily liquidations...
Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields
Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated gov...
Trump Urges Senate to Pass Crypto’s CLARITY Act, Teases More Bitcoin Buys
Bitcoin Magazine Trump Urges Senate to Pass Crypto’s CLARITY Act, Teases More Bitcoin Buys U.S. President Donald Trump urged lawma...