Hyperliquid Dex believes that this easy -to -follow crypto business is the future of decentralization.
A trade with more than $ 420 million draws attention to the crypt community
Crypto whale in portfolio 0xF3F496C9486BE5924A93D67E9829873BB47057c opened position shorts With a 40x lever effect on bitcoins totaling more than $ 423 million. At the time of writing this article, its liquidation price was $ 86.19. Currently this position shorts It shows profit more than $ 2 million.
In parallel, this whale also carried out recent levers shops and supported suspicions between experts in any connection with North Korean hackers.
The impressive position size and the course of close disposal attracted the attention of the surfer to X, called CBB. He called for a collective effort by the crypt community to “hunt” the position of this whale by shifting the BTC price up. In the X, CBB post said that “eight numbers” (millions of dollars) were involved in the plan.
“If you are ready to hunt that guy with size, send DM, mount the team and already have a good amount,” CBB said.
CBB also revealed that Justin Sun, founder of TRX (TRX), was part of his team. However, Sun itself officially confirmed its participation in this “hunt”. CBB also invited Eric Trump, son of US President Donald Trump to join the team.
At present, it is always a development and it is still not known where these initiatives to hunt crypt whales launched by CBB. At present, profitable trade position remains, although bitcoins are negotiated for $ 83,460, or only 3 % of their liquidation price.
The Kaiko report from the beginning of March also suggests that the market depth of 1 % of bitcoins is $ 300 million. This means that the BTC progress by 1 % could require capital at least $ 300 million.
On X, many follow the event as a busy issue with high problems. The Internet Cryptoviking user thinks that hyperliquid whale is publicly involved in shorts while deciding on a long position on CEX.
“The strategy of the whale hyperlinking was simple.” A shorter huge amount with a high effect publicly on hyperliquide to attract attention, and at the same time opened for a long time to CEX. He expected market creators (MM) and institutions to move disposal, by moving the BTC to $ 1,000 more, starting the shorts and a good increase. He gained a net profit in his long positions. But MMS and exchanges understood this strategy. First they pushed the course down to liquidate their position on CEX, and then increase the course much higher to chase it on both sides, ”Cryptovikings predicted.
For its part, hyperliquid received an event from a positive eye and praised the transparency of public trading as a future of decentralization.
“Hyperliquide has redefined trading. When a short 450m+ whale BTC and wants an audience, it is only possible for hyperliquid … anyone can Photoshop NLP screen. No one can question the Hyperliquid position, just like no one can question the balance of bitcoins. The decentralized future is there, ”Hyperliquid said.
In any case, the crypto market closely monitors the progress of this real confrontation between the BTC whales.
Morality of History: The whale crypto fears only larger cryptors.
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