BTC Short Hits $119M as Whale Returns with Fresh $4M Capital and 40x Leverage Exposure
high-volume crypto wallet has resurfaced with a sizable short position on Bitcoin, valued at over $118 million. On-chain data confirms that the wallet, which previously realized $13.6 million in profits, deposited $4 million in USDC within the last 24 hours. These transactions preceded the re-entry into the market using 40x cross-margin leverage on Hyperliquid.
$4 Million in New Deposits
Confirmed by Spot On Chain, the wallet address recorded three large USDC deposits routed from Arbitrum. The first $2 million landed 19 hours ago, followed by two $1 million transfers spaced one hour apart. All deposits arrived within a single day, increasing available capital for margin-based trading.#TrumpTariffs #DayTradingStrategy #Write2Earn