Mysterious Whale Doubles Down on Bitcoin Short Position

A prominent cryptocurrency investor known as the ‘Hyperliquid whale’ has taken a significant risk by doubling their short position on Bitcoin (BTC). This move comes after they previously initiated a $163 million short position, which now stands at nearly half a billion dollars. 📈 This new position represents a substantial bet against the market, leveraging up to 10x and targeting a liquidation price of $124,270.