#BitcoinBounceBack 🚨 High-Stakes Crypto Bet: Trader Goes 40x Short on Bitcoin! 💰🔥
A bold trader on Hyperliquid, a decentralized derivatives exchange, is making waves with a massive $379M short position on Bitcoin using 40x leverage! 📉⚡
🔍 Under the handle “Tether FUD”, this trader deposited $16.2M and entered the short at $84,018, with a liquidation point at $86,593. At one point, BTC spiked to $85,059, putting the trade in danger—was this a liquidation attempt by market players? 🤔
💥 However, Bitcoin quickly dropped back below $84K, turning the tables in favor of “Tether FUD.” As of now, they’re sitting on an unrealized profit of $2.4M—but will they hold or take profits?
👀 Many speculate that this trader might have insider insights, given the size of the bet. What do you think? Is this just a lucky play or something bigger? Drop your thoughts below! ⬇️📊
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