Odaily News According to on-chain analyst Yu Jin's monitoring, the “insider Whale” has just finished his shorting on Hyperliquid: he completely closed his XRP short order on Hyperliquid. This time he returned to the scene and reaped failure: 5 days ago he transferred 4.22 million USDC into Hyperliquid to start shorting, and after closing all positions today, he only has $668,000 USDC left, losing $355 million. Do you think he has admitted defeat? No, he changed casinos to continue playing: he withdrew the remaining 668,000 USDC after closing Hyperliquid and transferred it to GMX, then shorted BTC worth $5989 million with a leverage of up to 95x… opening price $114560, liquidation price $115131. This… just a slight fluctuation and he could be taken away…
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trader James Wynn Opens 40x Leveraged BTC Short After Claiming $5,565 Reward from Hyperliquid
Gate News reports that on March 20th, according to Onchain Lens monitoring, on March 21st, trader James Wynn claimed a $5,565 reward from Hyperliquid, and subsequently opened a 40x leveraged BTC short position at an entry price of $69,959.
GateNews36m ago
Bitcoin faces further downside as analyst marks $60k as key level
Professional trader Alessio Rastani has revised his Bitcoin outlook, suggesting the market could slip below $60,000 before a meaningful bottom forms. In a recent Cointelegraph interview, Rastani explained that while Bitcoin staged a brief recovery earlier this year, the shape of that bounce does
CryptoBreaking43m ago
Strategy CEO: If Morgan Stanley Allocates 2% of AUM to BTC, It Could Bring Potential $160 Billion in Buy Orders
Strategy Chief Executive Officer Phong Le pointed out that if Morgan Stanley's wealth management business, which manages $8 trillion in assets, allocates 2% to Bitcoin, it would bring approximately $160 billion in buying pressure to the market, potentially significantly impacting Bitcoin's price and liquidity.
GateNews57m ago
Analyst: If Bitcoin falls below the $66,000 support level, it may trigger a 10%-20% correction
Gate News reported that on March 20, Chartered Market Technician (CMT) Aksel Kibar stated on March 21 that the lower support boundary of Bitcoin's potential rising wedge formation is located at 66,000, and a breakdown below this level could trigger a bearish reversal. Aksel Kibar pointed out that rising wedges, as a classic technical pattern, typically appear at the end of uptrends, signaling price momentum exhaustion. Historical data shows that after similar downside breakdowns are confirmed, the average pullback ranges from 10%-20%.
GateNews1h ago
Dan Romero Clarifies Five Misconceptions About MPP, Protocol Submitted to IETF Web Standards Proposal
Farcaster co-founder Dan Romero clarified five misconceptions about MPS, emphasizing its broad applicability, support for multiple cryptocurrencies and fiat currencies, and expansion to Bitcoin Lightning Network. MPS itself has no inherent fees, features simple design and can serve as a web standard, supports multiple payment modes, and ensures secure separation of communication and payment rails.
GateNews1h ago
