A $90 Million Adventure: Whale Bets on Bitcoin and Ethereum Explosion!
In one of the boldest moves yet, trader (0x049b) opened double Long positions with 20x leverage on both Bitcoin and Ethereum via the Hyperliquid platform. The whale pumped $45.82 million into 586.68 BTC and simultaneously invested $44.67 million into 19,416 ETH, bringing the total bet to over $90 million.
Liquidation Points (Risk)
Bitcoin: The trade gets liquidated if the price hits $75,564.02.
Ethereum: The trade gets liquidated if the price hits $2,247.43.
This whale is putting a massive fortune on the line, betting that the market has bottomed out and that the next rally is imminent.
With 20x leverage, the margins are extremely tight.
Any sneaky move from the "market makers" to hit liquidity could lead to a historic liquidation.
$HYPE
#Hyperliquid #elaouzi