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Crypto

Mysterious Trader Takes Massive 40x-LEVERAGED Bitcoin Short on Hyperliquid

Guavy AI Editorial Team
Instruments
HYPE BTC EVER LEVER
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A mysterious trader has taken out an enormous short position on Bitcoin through the decentralized perpetuals exchange Hyperliquid.

The wallet, identified as 0xff84, opened a 40x-leveraged short position on 1,600 BTC worth approximately $102.6 million at a price of $64,202 per Bitcoin.

The trade carries a liquidation price of $64,888.97 and has shown an unrealized profit of $93,577 due to the current market price of $64,144 per BTC.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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