The post Bitcoin Whale Opens 10x Short on BTC and ETH After 255 BTC Move on HyperLiquid appeared on BitcoinEthereumNews.com. COINOTAG News, December 19, citing The post Bitcoin Whale Opens 10x Short on BTC and ETH After 255 BTC Move on HyperLiquid appeared on BitcoinEthereumNews.com. COINOTAG News, December 19, citing

Bitcoin Whale Opens 10x Short on BTC and ETH After 255 BTC Move on HyperLiquid

COINOTAG News, December 19, citing Onchain Lens analytics, reports a large whale deposit and subsequent disposition of 255 BTC on HyperLiquid, valued at $21.77 million. The move underscores persistent on-chain activity among major holders and highlights evolving liquidity dynamics within the Bitcoin network.

In a follow-up, the same address opened a 10x leveraged short position on BTC and ETH, with a reported notional around $77.4 million, including 876.27 BTC ($76 million) and 372.78 ETH ($1 million). This configuration reflects deliberate risk positioning by a major holder and aligns with observed hedging activity across crypto markets during periods of liquidity readjustment.

Source: https://en.coinotag.com/breakingnews/bitcoin-whale-opens-10x-short-on-btc-and-eth-after-255-btc-move-on-hyperliquid

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