A whale has opened a $15 million short position on BTC, with the current price less than $300 away from their take-profit point.
BlockBeats News, May 9th, according to Hyperinsight monitoring, Hyperliquid Whale, who is accustomed to using the Scalping strategy, briefly opened a 40x leveraged BTC short position, with a position size of $15.3 million. The entry price was $80,600, take-profit was set at $80,100, and stop-loss was set at $80,700.
This is the Whale's third time this week using a large position to profit from narrow price differences. Despite the multimillion-dollar position size, the total net profit from multiple operations is only about $8,000, with an overall account return rate of less than 2%.
Address: 0x6572bc26edf54a74bef243eff10d3fbe6d461eb7
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan: HBM specification downgrade does not change the tight supply, demand CAGR remains at 63% from 2026 to 2028
JPMorgan recently released an industry report on the HBM storage sector, addressing market concerns about the downgrade of HBM specifications and providing updates on industry supply and demand, downstream demand, technological iteration, manufacturer competition, and investment assessments.
Euro nudges up against British Pound with Eurozone and UK PMIs in focus
2-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
