Crypto Whale Bets $13 Million on Short Positions Amid Bullish Market Trend

A major cryptocurrency investor is generating buzz by depositing $13 million in USDC into decentralized exchange Hyperliquid to open short positions on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). This move utilizes 5x leverage, potentially risking a substantial sum if market prices continue to climb. The trader’s strategic positioning against prevailing bullish sentiment suggests either anticipation of a price correction or an anticipated catalyst that could drive down prices.