#加密圆桌讨论 Shocking High-Stakes Bet! Mysterious Whale Frenziedly Bets 393 Million USD on Bitcoin with 40x Leverage Revealing the 'Death Line'

On June 10, 2025, the cryptocurrency market witnessed an epic maneuver! On-chain data shows that an anonymous whale at the Hyperliquid exchange frantically increased its Bitcoin long position, with total holdings skyrocketing to 393 million USD (3790 BTC), locking in an average entry price of 103,083 USD, while the liquidation price is only 95,576 USD — this means that if Bitcoin drops by 7.3%, this position will instantly vanish into thin air.

This maneuver can be described as 'dancing on the edge of a knife': the initial position was valued at 276 million USD, employing a violent 40x leverage to build the position. When Bitcoin's price briefly fell below 103,000 USD, this whale actually doubled down against the trend, increasing the position size by 42%, currently showing a paper profit of 3.3 million USD. CoinGlass real-time monitoring shows that this position accounts for 18% of the total Bitcoin contract open interest on the Hyperliquid platform, making it a 'one-man hostage situation' in this crazy gamble.

The market has fallen into a frenzy: cryptocurrency detective ZachXBT issued an urgent warning, stating that this operation method is highly similar to the William Park incident in March 2024 — at that time, a short-seller whale manipulated the market with ultra-high leverage, ultimately profiting 20 million USD at the expense of retail investors. Even more intriguing is that the Hyperliquid platform has recently seen mysterious large positions frequently, raising suspicions of 'insider players' manipulating the market.