Someone is bearish on the market.
A newly created wallet, 0xaeaa, deposited 6.68M $USDC into Hyperliquid and opened 20x shorts on $BTC, $SOL, and $ETH:
• 430.64 $BTC($27.46M)
• 181,245 $SOL($13.24M)
• 4,280 $ETH($7.37M)
https://hypurrscan.io/address/0xaeaab54bbf65bfd6efed7d2eb68372298e3c2416#perps
I’ve been seeing a lot of hype around $BTW lately.
Looking at the chart, price exploded to $0.20+ before getting hit with heavy profit-taking.
Right now, bulls are trying to defend the $0.07–$0.08 zone after a nearly 50% pullback.
If this support holds, a relief bounce could come fast.
If not, volatility is still very much on the table.
For now, this looks like a battle between dip buyers and late sellers.
{future}(BTWUSDT)
$RE
{spot}(REUSDT)
#crypto #trading #BTW
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