Bitcoin OG Opens $418M Short Position on HyperLiquid with 6x Leverage

GateNews
BTC-3,7%
ETH-2,71%

Gate News bot message, A Bitcoin OG trader has made significant moves in the cryptocurrency market. After converting BTC to ETH and USDC, the trader deposited $80 million USDC into HyperLiquid exchange. Subsequently, the trader established a Bitcoin short position using 6x leverage, with the position currently valued at $418 million.

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