Whale Shorts 445 million dollars in Bitcoin – Traders charges liquidation

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Bitcoin showed immunity, jumping to the 200-day average movable from the last Tuesday, when it dropped to 76,666 USD, but remains below this key technical threshold. In this unstable market environment, a enormous whale took a contradictory position, establishing a highly cured compact bitcoin perpetual future Futcoin Futures.

The huge bitcoin whale is compact

According to data from Hyperliquid and Blockchain Lookonchain, the compact item of whale is over $ 445 million and uses a 40x lever. This item has a liquidation price set at USD 85,940 and despite the inseparable risk, the trader is already reporting an unrealized profit of USD 4.4 million.

The nickname trader CBB (@cbb0fe) enlivened a group of market participants to direct this position. The Lookonchain report emphasizes coordinated efforts to force the whale’s hand: “This whale still managed to make a profit, even though he is hunted by the team! 11 hours ago @cbb0fe publicly created a team that hunted this whale that returned BTC with a 40x lever. Just an hour later, the team was in action, leading BTC over USD 84,690 in the short period, “Lookonchain he said on X.

In particular, the whale was forced to deposit USD 5 million to raise the margin and avoid liquidation. “But the hunt finally failed. The whale continued to increase its position to a short BTC. Currently, the whale is gaining from closing the position by TWAP. Its current item is 5,406 BTC (USD 449 million), with an unrealized profit of USD 4.4 million. “Analytics blockchain service added via X.

In a series of speedy fire TweetsCBB additionally intensified the situation, stating: “hunting began”, adding “if you want to hunt this guy with size, drop dm, now setting the team and you already have a good size.” He later added: “We lost the battle, but we didn’t lose the war. Closed. “And” Saint Fuck, please Eric Trump Send help from his divine father to eliminate this mfe. “

Hyperliquid headed this developing drama, emphasizing the role of the platform in ensuring unparalleled transparency in high -level trade. In a statement published on X Hyperliquid he commented: “Hyperliquid redefined trade. When a short short USD and BTC and wants public audience, it is only possible in a hyperlik. […] Everyone can photoshop PNL screenshot. No one can question the position of hyperlic, just like no one can question the bitcoins balance. The decentralized future is here. “

Hyperliquid was recently thrown into the center of attention after the incident involving an outstanding whale who performed “liquidation arbitration”. In this case, the extraction of floating profits led to the lack of a margin that caused forced liquidation, transferring the risk to the HLP vault in decentralized exchange.

In the BTC press it traded at USD 83,455.

Bitcoin price
The price of BTC rises below the 200-day EMA, 1-day chart | Source: Btcusdt at tradingview.com

A distinguished painting from Istock, chart from tradingview.com

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