Is 520 million Bitcoin short 40K half on a set of hyperliquid?
Analysts guess that the whales may have set up a bitcoin boring position of $ 520 million on hyperliquid as a trap so that she could trigger huge long.
16. Marta, Bitcoin (Btc) Kit set up a huge $ 520m short Position on hyperliquidud (Hyper) Using the 40K lever, which makes it one of the largest known stores on decentralized exchange.
Using a liquidation price of $ 85,561, the store would be deleted if Bitcoin increased only 1.75% of its entry to $ 83,898. This immediately attracted the attention of the retailers who saw the opportunity to force liquidation.
Pseudoniman Trader Cbbb0fe is in X to bring together a group that Bitcoinon pushes the larger and activates liquidation. The price increased by 2.5% within minutes of the same day, almost striking the whale threshold before adding more funds to raise liquidation.
According to 10K survey 17. March reportMarkus Thielen analysted that this event was part of a growing trend that involves democratization of hunting to stop. In this trend, independent traders, not only institutions, coordinate to move market, initiate a transparency of trading lever on DEKS.
Some analysts, however, think that the huge position of whales could be calculated by the strategy, not in the case of careless short in evil. According to Kruptocurrenci analyst Josh, whales can deliberately expose its position to liquidate to support a set of prices, a rare tactic known as “self-formin”.
If the whale holds an even larger long position in second place, their short liquidation could send the BitCoin larger, used significantly used their long position.
This is not the first time Hyperliquid has seen such plays games. Just last week, the merchant set up $ 75 million, which left Etherum Etherum (El) Bet this resulted in a loss of $ 4 million for the platform. In response, hyperliquid reduced Liverge Limit for Bitcoin and Etherum.
Now, the CRIPTO community watches the movement of the price of Bitcoin. Further instinions could be encouraged if a short position of whales liquidates. In any case, independent traders and whale are currently engaged in the risky game of competition of high insert in this trade.
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2025-03-18 07:24:00
