🦈Whales are increasing their positions instead of retreating, betting 1.2 billion dollars!!!
According to on-chain monitoring, whale James Wynn has once again aggressively increased BTC long positions on the Hyperliquid platform, now totaling 11,404 BTC, with a total position of 1.23 billion dollars, 40x leverage opening price at 108,921 dollars, and a liquidation price of only 105,100 dollars⚠️
Only one big bearish candle away from liquidation, is it currently a "faith-based accumulation" or "gambling on the edge"?
💬This move releases two signals:
1️⃣Whales still have a positive outlook for the future, with the short-term likely to test rebound highs
2️⃣However, the chips under high leverage are extremely unstable, and if there is another pullback, it may trigger a chain reaction of liquidations
The market is experiencing severe fluctuations, retail investors should not blindly follow the high-stakes bets and beware of being "reaped" by the "whale movements"!
