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Big Gambling Whale Bets $30 Million on Bitcoin Crash!
In a move described as suicidal, trader (0x8cA3) opened a massive short sell order on 390.88 Bitcoin worth nearly $30 million through the Hyperliquid platform. The surprising part is his use of a very high leverage of up to 40x, which sets his liquidation price at just $78,586.38.
This gamble puts the wallet at great risk, as any sudden surge in Bitcoin toward those levels would mean these millions could vanish in seconds.
Whales who take such extreme positions often bet on imminent negative news or expect a sharp correction before the next explosion, but the risk here leaves no room for error.
Monitoring this whale’s liquidation price has become a target for trading platforms and other whales, as the market always loves to chase "liquidity#CryptoSuccess
From 2013 to 2026, Gate.io proves that consistency is the real game in the crypto world. We celebrate 13 years since the launch of the Web3 giant, a journey that started with a challenge and grew through resilience and technology that outpaced everyone.
#Gateio #Gateio13thAnniversary #Web3 #EthereumMemeSeasonReturns #CryptoSuccess