Shale Shalls $ 445 million in Bitcoin: Trazamoneas de Transers Liquidation

bitcoin has shown resilience by bouncing its 200 -day mobile average since last Tuesday, when it fell as low as $ 76,606, but remains below this key technical threshold. In this volatile market environment, an important whale has taken a opposite position by establishing a bit leveraged in bitcoin's perpetual future through Hyperliquid.

Huge bitcoin whale falls short

According to Hyperliquid and Blockchain Analyst Lookonchain data, the short position of the whale is valued at more than $ 445 million and uses a 40x leverage. This position comes with a liquidation price established at $ 85,940, and despite the inherent risks, the merchant already reports an unrealized gain of $ 4.4 million.

The pseudonym merchant CBB (@CBB0FE) galvanized a group of market participants to point to the position. The Lookonchain report highlights a coordinated effort to force the whale hand: “This whale still managed to obtain profits despite being hunted by a team! 11 hours ago, @CBB0FE publicly formed a team to hunt this whale that cut btc with 40X leverage. Only an hour later, the team was in action, driving btc above $ 84,690 in a short period, “Lookonchain <a target="_blank" href="https://x.com/lookonchain/status/1901469533224968503″ target=”_blank” rel=”nofollow”>saying In x.

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In particular, the whale was forced to deposit $ 5 million of USDC to increase the margin and avoid liquidation. “But hunting finally failed. The whale continued to increase its position to short btc. Currently, the whale is benefiting from closing positions to TWAP. Its current position is 5,406 btc ($ 449 million), with an unrealized gain of $ 4.4 million. “The Blockchain analysis service added through x.

In a fast fire series <a target="_blank" href="https://x.com/Cbb0fe” target=”_blank” rel=”nofollow”>TweetsCBB even more intensified the situation by stating: “hunting has begun”, and added “if you are willing to hunt this type with size, release a DM, establish a team at this time and already has a good size.” He later added: “We have lost a battle but we have not lost the war. Locked. “And” Holy shit, please, Eric Trump sends help from the divine father to liquidate this mfer. “

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Hyperliquid has positioned himself at the forefront of this drama that develops, emphasizing the role of the platform in providing unparalleled transparency in high leverage trade. In a statement published in x, Hyperliquid commented: “Hyperliquid has redefined trade. When a whale cuts $ 450 million+ btc and wants a public audience, it is only possible in hyperlichid. (…) Anyone can photoshop a PNL screen capture. No one can question a hyperlichide position, just like anyone can question a bitcoin balance. The decentralized future is here. “

Hyperlichid was recently pushed to the center of attention after an incident that involved a prominent whale that executed a “settlement arbitration.” In that case, the extraction of floating profits led to a scarcity of margin that triggered forced settlements, transferring risk to the HLP vault of the decentralized exchange.

At the time of publication, btc quoted at $ 83,455.

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