"The 50x leverage whale" shorted BTC by 25 times, and added margin to Hyperliquid and GMX
According to ai_9684xtpa monitoring, the "50x leverage whale" has added margin to Hyperliquid and GMX, and opened BTC short positions.
Hyperliquid's total margin is 2.3 million USD;
GMX's total margin is 6.756 million USD.
On Hyperliquid, it shorted BTC with a 25x leverage, increasing its position to 347.82 coins, approximately equivalent to 28.87 million USD.
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
Bitwise CEO concludes survey on market crash response measures, with over 43% choosing "buy"
A whale deposited 2 million USDC into HyperLiquid to open a 2x leveraged ETH long position.
Bitcoin market capitalization rebounds to surpass $1.7 trillion, rising to 8th place among global assets