๐๐ก๐๐ฅ๐ ๐๐๐ญ๐ฌ ๐๐๐๐ ๐๐ ๐๐ข๐ง๐ฌ๐ญ ๐๐ข๐ญ๐๐จ๐ข๐ง โ ๐๐๐ฑ ๐๐ก๐จ๐ซ๐ญ ๐จ๐ฉ๐๐ง๐๐ ๐๐ฌ ๐๐ซ๐ข๐๐ ๐๐ญ๐๐ฅ๐ฅ๐ฌ ๐๐๐๐ซ $๐๐๐๐
๐ป A whale is shorting BTC with $119M exposure at 40x leverage.
๐น Entry: $107,926
๐น Current Price: $108,071
๐ป Unrealized Loss: ~$505K
โ Funding Profit: $1.57M
๐น Liquidation Price: $116,508
๐ What Just Happened?
A high-profile trader just re-entered the market with a massive leveraged short on Bitcoin โ using $4M of fresh USDC capital. The trader is now exposed to over 1,097 BTC short on Hyperliquid, backed by cross-margin leverage.
๐ง What Traders Should Know
This isnโt a random bet โ the same trader has already made $13.6M from similar positions earlier in 2025.
The entry is $107,926, very close to where BTC trades now.
Despite a $500K floating loss, the position is being sustained by high funding income.
This signals the trader expects a sharp BTC drop below $107K, possibly toward $105K or lower โ and is willing to ride through short-term volatility to catch it.
โ ๏ธ Key Risk Zones
If BTC rallies above $110K, this position moves deep into the red โ liquidation happens at $116.5K.
The trader is all-in short, with no long hedge or other assets โ high risk, high reward setup.
๐ Market Context
BTC is down 0.93% in 24 hours, trading at $108,071
Volume is up 16.5%, indicating heavy whale and institutional activity
The whale short appears during a consolidation phase between $107Kโ$109K
๐งญ What You Should Do
๐น Scalp Traders: Watch the $107,500โ$106,500 zone for short-term reaction โ if BTC breaks down, this whale could be right again.
๐น Swing Traders: If BTC breaks $110K, it invalidates this short thesis and could trigger a squeeze โ be ready for a fast move up.
๐น On-Chain Observers: Monitor this wallet. Past behavior shows large exits when drawdown increases.