$BTC 🚨 The whale opens a #Short BTC 40x!
A wallet with the number #whale has opened a short position worth $BTC with 40x leverage on #Hyperliquid yesterday, with a total value of up to 59 million USD.
📊 Entry Price: 103,545 USD
💰 Current Floating Profit: 810 thousand USD
This shows that this whale is betting on a bearish trend for Bitcoin in the short term, using high leverage to maximize profits.
However, over-leveraging also carries high risks, especially if the Bitcoin price turns around and sharply rises to 111,730. This whale will be liquidated.
