Despite the fluctuations in the Bitcoin (BTC) market, a crypto whale Hyperliquid took an inverted stance on the Hyperliquid platform with a leveraged BTC deficit position worth millions of dollars. At the same time, he attracted attention by taking a bull -oriented position in the Melania token. Here are the interesting moves of Bitcoin and Altcoin whale…
Whale has opened $ 445 million shorts in Bitcoin
According to the current data, the whale in question has a $ 445 million suspended sales position (Short) in BTC futures transactions and made an unprecedented profit of $ 1.3 million from these transactions. The position is opened using 40 layers of leverage and has a price of liquidation of $ 86,000. These data were provided by Hyperliquid and Lookonchain. This move, which has echoed in the crypto market, has also found a wide repercussion in the social media platform X. In a sharing on Sunday, Trader CBB invited the market participants to take action to raise the price of BTC and to liquidate the position of the whale.
“@CBB0FE has created a team to hunt this whale that sold BTC with 40x leverage 11 hours ago. An hour later, the team took action to increase the BTC over 84.690 dollars in a short time, “Lookonchain made a statement, said the whale has invested 5 million USDC collaterals to avoid liquidation. However, this hunting initiative failed.
Long position with 5x leverage opened in the Altcoin project called melanie
At the same time, the crypto whale has 5x leverage in the Melana Token has kept long position. MKT World LLC, which is said to be marketed by this Memecoin, former US President Donald Trump’s wife Melania Trump is associated with. Hyperliquid shared this event on his social media account and stressed that transparency on platforms started a new trade period. “If a whale that opens a BTC Short position of $ 450 million, if it wants a public audience, can only do so on Hyperliquid. Our decentralized future is here, ”he said.
This development ensured that Hyperliquid was the scene of a large market movement for the second time after the “liquidation arbitrage” incident that was on the agenda last week. The triggering of the liquidations by creating a lack of margins on the platform triggered the risk management mechanisms of the decentralized stock market system.
