A newly created wallet opens 20x leveraged short position on 1,021 Bitcoins, valued at approximately $120.3 million
Odaily Planet Daily reported that, according to Lookonchain monitoring, a newly created wallet address 0x89Da withdrew 12 million USDC from an exchange and transferred it to Hyperliquid. Subsequently, this address used the funds to open a 20x leveraged short position, shorting 1,021 BTC with a total value of approximately $120.3 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy (MSTR.US) triggers its first “golden cross” signal in over three years; last time it appeared, shares soared by 700%!
Strategy flashes the first Golden Cross since March 2023: the last time this happened, it was followed by a nearly 700% increase over the next 12 months.
Japan’s inflation figures are next for a Yen stuck near 158.00
RBA's Hauser: Inflation outlook appears worse than forecast, slightly above expectations
New Zealand Dollar has one CPI release left before the RBNZ
Crypto prices
More
