Crypto Whale Places 10X Trade After Profiting Millions From Crash
A crypto whale who profited $192 million during the latest crypto crash has opened another bet against the market with 10X leverage.
According to data from Hypurrscan, a whale trader with the address “0xb317” on the decentralized derivatives exchange Hyperliquid has opened a $163 million leveraged perpetual contract to short Bitcoin.
- Unrealized profit: over $3 million
- Entry price: $117,369.7
- Liquidation price: $123,520
- Current BTC price: $115,255.36
The trader has achieved an unrealized profit of more than $3 million since opening the position.
Author's summary: Crypto whale bets against market with 10X leverage.
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