'Liquidation Incident Insider' whale starts 10x short on Bitcoin

Source
Uk Jin

Summary

  • Reported that a Bitcoin (BTC) whale recently drew attention for accurately predicting the price trend during the recent liquidation events.
  • Said the whale took a 10x leveraged short position on Hyperliquid (HYPE) with USDC worth $30,000,000.
  • Currently the position has 700 Bitcoin, with an entry price of $109,133.1 and a liquidation price of $150,080.

The Bitcoin (BTC) whale that drew attention for accurately predicting the price direction during the recent liquidation events has once again initiated a bearish bet.

On the 20th (Korean time), according to Onchain Lens, the whale deposited USDC worth $30,000,000 into Hyperliquid (HYPE) and began shorting Bitcoin using 10x leverage.

There are currently a total of 700 Bitcoin in the position. The average entry price is $109,133.1, and the liquidation price is $150,080.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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