Whale Risks $25M on Crypto Shorts via Hyperliquid

A crypto whale has now deposited $25M on Hyperliquid to short BTC, ETH, and SOL with 5x leverage, facing over $700K in losses.

  • Whale adds another $5M to short BTC, ETH, and SOL
  • Total deposit now $25M on Hyperliquid with 5x leverage
  • Losses have surpassed $700K amid volatile market

A major crypto whale has taken another big risk in the market. By depositing an additional $5 million in USDC to the decentralized exchange Hyperliquid, the whale has now committed a total of $25 million to short Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). All of these positions are leveraged 5x, dramatically increasing both the potential returns and risks.

This isn’t the whale’s first bet against the market, but the scale of the investment is catching attention across the crypto community. The move comes during a time of fluctuating prices, where sentiment among traders remains mixed.

Losses Mount as Market Moves Against the Whale

Despite the confidence shown by increasing the position size, the strategy is currently not working in the whale’s favor. The combined losses across the leveraged shorts now exceed $700,000. These unrealized losses signal that the market has moved against the whale’s bet—at least for now.

Leverage in crypto trading can amplify both profits and losses. At 5x leverage, even minor price increases in BTC, ETH, or SOL can lead to rapid and significant losses. Given the size of the position and the current market conditions, many are now watching this whale’s strategy closely.

Hyperliquid Becomes a Hub for High-Stakes Trading

Hyperliquid, the decentralized derivatives platform hosting these trades, is increasingly becoming a battleground for whale activity. The platform’s permissionless nature and high leverage options make it attractive for bold traders willing to take on large positions.

While some traders view these actions as a bearish signal, others believe it highlights the growing interest in decentralized leverage trading. Whether the whale’s strategy will turn around or continue bleeding capital remains uncertain—but it’s clear the crypto world is watching.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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