It is suspected that the same whale is shorting BTC in large amounts
according to on-chain analyst Lookonchain (@lookonchain), after the rise in the price of Bitcoin, there are two wallet addresses (likely belonging to the same whale address) shorting BTC on Hyperliquid with 6x leverage, with short prices of $92,469.1 and $92,664.8 respectively. The total position size reached $74.5 million, with liquidation prices of $107,220 and $107,160 respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x CNPY: Trade to share 75,000 USDC
New spot margin trading pair — CP/USDT, SOPH/USDT!
Futures elite trader leaderboard fully upgraded
Bitget to list Pons (PONS)
Crypto prices
More
