🔥 A giant whale shocks the crypto market! $5 million USDC shorting BTC, ETH, and SOL with five times leverage causing extreme volatility! 🚨
Shocking news: A giant whale has added $5 million USDC to Hyperliquid and is shorting Bitcoin, Ethereum, and Solana with five times leverage! 💥 This move has increased their total funds to $25 million, quickly stirring the market! 🔮
Such high-leverage operations are likely to cause extreme market volatility, especially when prices move in the opposite direction. A short squeeze could trigger a massive liquidation storm, further exacerbating market uncertainty. ⚡ Currently, Hyperliquid has not made an official comment on this massive transaction, but Lookonchain's on-chain monitoring reveals the significant impact of this operation. 💣
Market Alert: If the market reverses, this transaction could lead to losses exceeding $700,000, further intensifying market turmoil. Regulatory agencies have yet to comment on this, which highlights the concentrated risks of decentralized exchanges! 💼
The high leverage risks in the crypto market and whale trading activities serve as another warning: market volatility will intensify!