Whale Takes Massive Short on Bitcoin, Withdraws $102M from Hyperliquid

A significant whale has been spotted taking an aggressive short position on Bitcoin, withdrawing $102 million from Hyperliquid at 40x leverage.

The whale withdrew 2.44 million USDT from OKX and immediately opened a short position with entry at $64,202 and liquidation at $64,889.

The current price action shows BTC trading inside the Bollinger band between $62,478.36 support and $65,411.78 resistance, with EMA50 at $63,770.67 and EMA200 at $63,657.49 acting as layered support.

The MACD golden cross at 138.68 keeps the broader structure bullish, but the neutral RSI at 54.65 leaves room for a potential test of upper-band resistance before any sustained downside move materializes.