10.06.2025 02:25

A substantial Bitcoin (BTC) long position, valued at approximately $250 million, was recently established by a significant market player, commonly referred to as a "whale." This leveraged trade, utilizing 10 million USDC through the Hyperliquid platform, employed a 20x multiplier on 2276 BTC.


The whale initiated this massive bet at an entry price of $107,637 per BTC, with a liquidation threshold carefully set at $105,110. Data from Ashes Monitoring reveals this strategic maneuver has already yielded a considerable profit of roughly $5.68 million.


This audacious high-leverage trade exemplifies both the immense potential profits and the inherent risks associated with institutional-level cryptocurrency trading. The significant volatility inherent in the crypto derivatives market is clearly highlighted by this whale's activity.


The substantial profits generated underscores the significant influence whales possess in shaping market sentiment and driving price movements. Monitoring their actions is therefore crucial for accurate market analysis. Information on this trade originates from internet sources.