Whales dominate Bitcoin trading with $1.03B in 40x leveraged longs, amplifying risks and rewards in a volatile market.
A $107K short adds pressure as bulls and bears clash, with liquidations looming if Bitcoin falls below $103K
A break above $108.5K could trigger a short squeeze, while a drop risks cascading liquidations in Bitcoin's leveraged zone.
Three major BTC whales have opened $1.03B in 40x leveraged longs on Hyperliquid, while one trader holds an $88M short. Analysts say these opposing positions have pushed Bitcoin into a high-risk, high-reward zone ahead of potential market swings.
Whale Activity Dominates Hyperliquid
The address 0x5078 leads the bullish camp, long on 5203 BTC at $105,033.4. The position sits $8.1M in profit with a liquidation price at $96,388, offering a strong buffer. A secondary kPEPE long—worth $32.8M—adds $12M to the wallet’s floating P&L, which now totals over $ 20.2 M. According to Lookonchain, this whale has partially closed 2,561 BTC for $4.5M in gains but remains heavily exposed with $554.6M still in play.
https://twitter.com/lookonchain/status/1924992150095462544
Wallet 0xc653 entered at $106,901.2 and is currently $215K down. Its liquidation sits lower at $93,560, increasing downside risk. Another whale, 0x46e3, is long at $107,132.6 and down $ 302 K. This wallet also holds HYPE, VIRTUAL, and RUNE positions. Of those, only RUNE currently shows profit. All three whales are operating under 40x cross margin—magnifying gains and risks alike.
Bear Gambler Bets on Downside
Opposing them is address 0x51d9, shorting 826 BTC at $107,091.9 with 40x leverage. The wallet is $291K in profit, with $108,500 as the liquidation trigger. Funding gains add $6.6K to the total return. As BTC hovers around $106,740, this trader has limited space to absorb a sharp short squeeze.
Analysts Warn of Liquidation Domino
Market sentiment remains bullish, with social and technical signals pointing higher. A potential golden cross and positive MACD momentum support continued gains. However, analysts caution that if BTC falls under $103K, cascading whale liquidations could follow.
Wynn, a top trader, has helped spark this volatility. His partial exit from a 7,764 BTC long added $4.5M in profits, while still holding $ 554.6 M. His influence and call for $ 112 K+ has stirred both retail and pro momentum. If $108.5K breaks, a short squeeze could trigger. If it fails, long liquidations could dominate. Bitcoin now trades in its most leveraged territory of 2025.
The post Whale Wagers: $1.03B BTC Longs and $88M Short Create High-Stakes Market Showdown appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
