$ETH Shocking High-Stakes Gamble! A Mysterious Whales Crazy Bets $393 Million on Bitcoin with 40x Leverage Revealing the 'Death Line'

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

This operation can be described as 'licking blood on a knife's edge': the initial position was valued at $276 million, using a violent 40x leverage to build the position. When Bitcoin's price briefly fell below $103,000, the whale surprisingly doubled down against the trend, expanding their position size by 42%, currently showing a floating profit of $3.3 million. CoinGlass real-time monitoring shows that this position accounts for 18% of the total Bitcoin contract holdings on the Hyperliquid platform, making it a 'one-person kidnapping of the market' in this crazy gamble.

The market is caught in a frenzy: cryptocurrency detective ZachXBT urgently warns that this maneuver is highly similar to the March 2024 William Parker incident — at that time, short-selling whales manipulated the market with extremely high leverage, ultimately wiping out retail investors and profiting $20 million. More intriguingly, the Hyperliquid platform has recently seen mysterious large positions, suspected of being manipulated by 'insider players'.

The current Bitcoin price hovers around $104,000, with only 4.3% buffer space left before the liquidation line. If tonight's U.S. stock market opening triggers volatility, this nearly $400 million 'Russian Roulette' could lead to a chain liquidation. Historical data shows that in May 2024, whale James Wynn also gambled in a similar manner, resulting in 100,000 investors being liquidated in a single day, with blood flowing in the market.

Warning: Crypto analyst Ash Crypto urgently calls on social platforms: 'This is not an investment, but a nuclear-level leverage provocation to the market!'