Wallet 0x66f889...ba75a9 just opened a 200.8 $BTC (~$12.75M) long on Hyperliquid at 40x leverage, liquidation price $55,380. Same trader has pulled in $1.95M in profit over the past 30 days.
Here's what makes this genuinely notable, this exact wallet was one of four traders we flagged days ago sitting short BTC as part of a $249M bear cluster, with a liquidation price around $66,545 on that position. That short is either closed or this is a full reversal in conviction, bearish to 40x bullish, on the same asset, in a matter of days.
BTC currently trades around $63,400-63,900, comfortably above this new liquidation level, giving the position real room before any forced exit. A trader flipping direction this hard after a profitable month isn't hedging, it's a genuine change of read on where price goes next.
Does a documented profitable trader flipping from short to 40x long change your own bias here, or is this just one wallet's opinion getting too much weight?
#Bitcoin #Hyperliquid #Whale #SollyCrypto
Here's what makes this genuinely notable, this exact wallet was one of four traders we flagged days ago sitting short BTC as part of a $249M bear cluster, with a liquidation price around $66,545 on that position. That short is either closed or this is a full reversal in conviction, bearish to 40x bullish, on the same asset, in a matter of days.
BTC currently trades around $63,400-63,900, comfortably above this new liquidation level, giving the position real room before any forced exit. A trader flipping direction this hard after a profitable month isn't hedging, it's a genuine change of read on where price goes next.
Does a documented profitable trader flipping from short to 40x long change your own bias here, or is this just one wallet's opinion getting too much weight?
#Bitcoin #Hyperliquid #Whale #SollyCrypto