🚨 Whale opened #Short BTC 40x !
A wallet address #whale has opened a Short position of $BTC with a leverage of 40x on #Hyperliquid yesterday, with a total value of up to 59 million USD.
📊 Entry price: 103,545 USD
💰 Current floating profit: 810k USD
This indicates that this whale is betting on a short-term downtrend of BTC, using high leverage to maximize profits.
However, using excessively high leverage also carries significant risks, especially if BTC reverses and rises sharply to 111,730, this whale will be liquidated
