Crypto news, a whale opened a new XLM short position on the HyperLiquid platform, with a position size of 4,598,021 coins, an opening price of $0.18, a current price of $0.22, and a liquidation price of $2.07, with a position value of approximately $1,003,702. The whale has long relied on market oscillations during downward trends, profiting from the exchange rates of BTC and altcoins. Currently, it is long on BTC with a scale of $50 million while shorting HYPE, with a total cycle profit exceeding $37 million.

HYPE5.04%
XLM15.04%
BTC-0.34%
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YieldBonsai
· 3h ago
This whale operation is pretty interesting. Opening a short position on XLM with such precise price calculation—really not afraid of a price surge.
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ThinkForThreeSecondsBefore
· 8h ago
With HyperLiquid opening such a large scale, can the liquidity hold up?
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GateUser-378c4af2
· 14h ago
thanks for the useful information
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GateUser-7919e6b9
· 14h ago
Total cycle 37 million, how much remains after deducting fees and funding costs?
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MevTeaTime
· 14h ago
Waiting for an XLM surge, let's see how this big shot wraps up.
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TvlTeaTime
· 14h ago
Going long on BTC and shorting altcoins—aren't these just covert tactics to bearish the market?
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ProofOfVibes
· 14h ago
4 million XLM short positions, is this to crash the market or truly bearish?
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AirdropCartographer
· 14h ago
Altcoin bullish + BTC bullish, this combination is quite rare
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