A Bitcoin heavyweight has placed a substantial wager opposing the digital currency, initiating a brief stance valued at an astounding $515 million on the Hyperliquid exchange. As per CoinGlass, this signifies the most considerable Bitcoin brief stance ever documented.
Vitalik Buterin Dumps Altcoins, Including SHIB Imitations, for $136K in ETH
Regardless of experiencing deficits previously during the week, the investor is presently enjoying unrealized earnings of $6.43 million. This daring action succeeds the prior week’s commencement of a $332 million brief stance with 40x influence, which transmitted swells throughout the marketplace.
This intelligence arrives as Bitcoin’s valuation has decreased beneath the $83,000 threshold, intensifying the continuous discussion concerning the cryptocurrency’s destiny.