نشر
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OH NO! A Hyperliquid whale is in TROUBLE! 🐳📉
This morning, a whale opened a MASSIVE $450M short position on BTC on Hyperliquid. Now, they're desperately trying to TWAP buy to close the position and realize profits... BUT...
Their position is SO HUGE that every buy order pushes the price UP! They're trapped!
BTC is not far away from their entry price! But they've only managed to close 260 BTC out of their 5,600 BTC position!
It's like the whale is trapped by their own size! 😫 Each cover short order pumps the price, but if they don't close, they can't take profits! And as the price rises, their remaining position goes into the red!
Their Unrealized PnL has plummeted from $10M to just $1M! They still have a whopping 5,330 BTC open position to close.
This is the first time we've been able to watch a whale so closely, thanks to Hyperliquid's transparency. Will this whale escape their own trap? We'll be watching closely! 👀
#crypto #bitcoin #hyperliquid #whale #trader
This morning, a whale opened a MASSIVE $450M short position on BTC on Hyperliquid. Now, they're desperately trying to TWAP buy to close the position and realize profits... BUT...
Their position is SO HUGE that every buy order pushes the price UP! They're trapped!
BTC is not far away from their entry price! But they've only managed to close 260 BTC out of their 5,600 BTC position!
It's like the whale is trapped by their own size! 😫 Each cover short order pumps the price, but if they don't close, they can't take profits! And as the price rises, their remaining position goes into the red!
Their Unrealized PnL has plummeted from $10M to just $1M! They still have a whopping 5,330 BTC open position to close.
This is the first time we've been able to watch a whale so closely, thanks to Hyperliquid's transparency. Will this whale escape their own trap? We'll be watching closely! 👀
#crypto #bitcoin #hyperliquid #whale #trader
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