Crypto Whale Makes Another Big Bet
A crypto whale who profited $192 million during the latest crypto crash has opened another bet against the market with 10X leverage.
According to data from Hypurrscan, the! whale trader with the address “0xb317” on the decentralized derivatives exchange Hyperliquid has opened a $163 million leveraged perpetual contract to short Bitcoin.
- The trader entered the trade when Bitcoin was trading at $117,369.7.
- The liquidation price for the position is $123,520.
- Since that trade was opened, BTC’s price has fallen to $115,255.36.
- The trader has achieved an unrealized profit of more than $3 million.
No comment from the trader.
Author summary: Crypto whale makes big bet against Bitcoin market.
More News
- Leopards may have feasted on our earliest ancestors
- Epic Games Store is giving away Eastern Exorcist and Jorel’s Brother and The Most Important Game of the Galaxy for free this week
- David Lynch's Estate Up for Auction, Includes Rare Instruments and Gear
- Shawn Mendes electrifies Toronto crowd with homecoming show: 'I really love this country!'
- Semiconductor Stock Could Stage a Short-Term Breakout - Schaeffer's Investment Research
- Emotional events can help solidify memories
- ACC Network's Jimbo Fisher: 'I still think I can win the national championship somewhere'
- State rests its case against Donna Adelson without calling son Charlie, defense to call witnesses Tuesday
- "No point in getting rich anymore": Car enthusiasts react to rumor that Mercedes is retiring the G-Wagon
- These California Truffle Fries Are So Addictive, You'll Want Them Every Season