Zombit
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Hyperliquid Highly Leveraged Whale Stops Closing Positions, Continues to Increase Short Position on Bitcoin with 40x Leverage
According to a previous report by Zombit, a highly leveraged whale on Hyperliquid slowly closed its short position yesterday through a TWAP order. Just when the market thought he was about to turn, after closing 500 Bitcoin short positions, the whale chose to close the TWAP order and fully committed to increasing its position, shorting Bitcoin with 40x leverage.
According to on-chain analyst Ember's analysis, the current position is the largest he has opened, amounting to 520 million USD. Ember pointed out:
"He has transferred a total of 16.75 million USDC into Hyperliquid as collateral for this position. This is all the funds in his address (several million U of principal + over ten million U of profit in the last month)."
According to on-chain analyst Ember's analysis, the current position is the largest he has opened, amounting to 520 million USD. Ember pointed out:
"He has transferred a total of 16.75 million USDC into Hyperliquid as collateral for this position. This is all the funds in his address (several million U of principal + over ten million U of profit in the last month)."
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