#BTC #ETH #hyperliquid

Yesterday, a large trader opened a short position of 120 million dollars in Bitcoin around 96 on hyperliquid and has exited with a stop-loss above 98, incurring a total loss of nearly 3 million dollars;

After this large trader exited with a stop-loss, the market immediately began to pull back. This is just one publicly known short position; if we consider other undisclosed short positions, this surge seems like a targeted explosion.