"1011 Insider Whale" Faces a Floating Loss of $1.4 Million from Shorting Bitcoin
According to ChainCatcher, the "1011 Insider Whale" once again deposited 30 million USDC into HyperLiquid this morning and opened a BTC short position with 10x leverage. However, as the overall cryptocurrency market rebounded and Bitcoin rose above $111,000, the whale's position has now incurred an unrealized loss of $1.4 million, with a liquidation price of $150,090.
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