A thrilling game in the cryptocurrency market is unfolding. According to the monitoring of @ai_9684xtpa, the whale known as “Hyperliquid Insider”, this investor who followed James Wynn in the opposite direction, took a bold operation at 3 a.m.
The whale first spent a whopping 4 million USDC, purchasing 1,461.63 ETH at an average price of $2,736.67, and then opened a short position in BTC with a leverage of 40 times. However, the market trend did not meet expectations. Currently, its ETH holdings and BTC short positions have accumulated a floating loss of 392,000 US dollars.
In the cryptocurrency market, high-leverage trading is extremely risky, and a 40x leverage will further amplify the impact of price fluctuations. The operations of “Hyperliquid Insider” have attracted the attention of many investors. Whether he will adjust his position in the future and what impact it will have on the market have become the focus of heated discussions in the industry.
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