TechFlow reports on March 3 that, according to monitoring by Ai Aunt, the whale trader who previously made $6.83 million in profits by going long on BTC and ETH with 50x leverage on the Hyperliquid platform has turned bearish 20 minutes before the U.S. stock market opening, opening a $13.45 million short position on Bitcoin.
The trader continues using a 50x leverage strategy but has reduced position size compared to previous trades. The entry price for this short position was $93,117.5, with a liquidation price at $94,083. At the time of reporting, the short position was floating at a loss of approximately $60,000.
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