Shocking Gamble
The mysterious whale spent $276 million on Hyperliquid to open a long BTC order, with a leverage of 40 times, and the liquidation point was set at $95,000, and the price would return to zero if it fell by 2.5%. At the same time, he also bet $43 million PEPE (10x leverage) and $34.56 million XRP (20x leverage). The current BTC price is $103,094, a slight drop of 0.9% in 24 hours, with a total market value of $2 trillion, but the trading volume has dropped by 21%. Previously, a whale's short order of $524 million was liquidated. This time, the whale's 40x leverage operation is very crazy, and once it is liquidated, it may trigger a chain liquidation. But from another perspective, the whales are collectively bullish, which may indicate that the big cake will start a unilateral rise.
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