Bitcoin News Update: Major Whale Places $87 Million 3x Leveraged Bet Opposing BTC Surge Amid Divided Market
- A Hyperliquid whale opened a $87.58M 3x BTC short, contrasting with bullish market trends and other traders' strategies. - Another 20x $131M short faces liquidation risk if BTC surpasses $111,770, while $343.89M in 24-hour liquidations highlight short-position vulnerability. - Technical indicators (RSI 66, 15/1 buy/sell signals) and institutional BTC purchases support upward momentum despite liquidity risks on Hyperliquid. - Diverging whale strategies and macro factors like Fed policy underscore crypto's
A
The whale, associated with address 0x9263, previously established a $64 million long position after taking advantage of a recent price drop, accumulating $8.5 million in unrealized gains. This approach stands in contrast to another major Hyperliquid participant’s $131 million short, which
Recent market figures highlight strong bullish momentum, with $343.89 million in liquidations over the past 24 hours, 74.7% of which were short positions. The $131 million short, using 20x leverage, currently shows a 4.86% unrealized profit from an average entry of $111,499.30. Meanwhile, the 0x9263 address
Technical analysis also points to continued upward
Currently, Hyperliquid’s total open interest stands at $5.336 billion, with 55.36% in short positions and $175 million in unrealized profits. Although liquidity issues persist, the ongoing battle between long and short positions reveals sharply contrasting market perspectives.
This scenario mirrors larger macroeconomic trends, such as changes in Federal Reserve policy and growing institutional involvement.
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
Solana News Update: Will the Crypto Market Withstand $566M in Token Releases Without Plummeting?
- Over $566M in token unlocks this week tests crypto market resilience, led by LayerZero ($37.28M) and SOON ($25.86M). - Solana-based projects dominate with $69.53M SOL unlock and Kamino's CASH Growth Initiative boosting KMNO demand. - Coinbase's Vector.fun acquisition sparks TNSR token volatility, highlighting risks in governance token value retention. - Analysts debate impacts: utility-driven tokens (OP, ZORA) show stability, while XPL and WCT face scrutiny amid unlocks. - Retail traders navigate opportu
Bitcoin Updates Today: Bitcoin Shows Technical Stability as Hopes Rise for Fed Rate Cuts, Indicating Possible Rebound
- Bitcoin rebounds from 2-month low as analysts cite easing selling pressure and improving technical indicators signaling potential recovery. - Key support levels and oversold RSI (21) suggest short-term stabilization, though bearish MACD and weak Ethereum/XRP EMAs highlight ongoing risks. - Fed rate cut odds (69.3% for December) and ETF outflow stabilization indicate improved macro conditions, but geopolitical tensions persist. - MSCI's 2026 crypto index exclusion proposal and potential second-wave sellin
DASH has dropped by 30.51% over the past week following earnings reports and analyst feedback
- DASH fell 30.51% in seven days amid analyst concerns over capital spending impacting short-term margins. - Strategic investments focus on global tech platforms, new verticals, and international expansion to strengthen market dominance. - DoorDash remains a preferred brand for mid-income consumers ($50k-$100k), emphasizing affordability over AI-driven alternatives. - Analysts highlight long-term growth potential despite volatility, urging investors to monitor earnings and macroeconomic trends.
Bitcoin slips 0.4% amid heightened whale movements and shifting ETF trends, underscoring ongoing market unpredictability
- Whale 0x5D2 maintains $106M 20x BTC short with $29.78M unrealized gains, adjusting profit targets to $67,000 amid bearish Bitcoin outlook. - Bitcoin ETFs see $238.4M net inflows as institutions rebuild positions, led by BlackRock's IBIT despite prior outflows. - Centralized exchanges record 29,194 BTC net outflows as investors shift to cold storage, contrasting Binance's 16,353 BTC inflow. - Bitcoin trades at $87,098 amid 4.83% weekly decline, with $85,000 support critical to avoid further $82,000 declin
Trending news
MoreCrypto prices
More
