🚨 $99M WHALE POSITION ON HYPERLIQUID:
A whale is currently running a massive $99M combined position on Hyperliquid.
But this isn't a simple bullish crypto bet.
🟢 $50.5M LONG $ETH
🔴 $48.7M SHORT $BTC
That leaves the trader with only around $1.8M net long exposure.
So the real trade is a bet on $ETH outperforming $BTC, rather than simply betting that the crypto market goes higher.
The wallet is reportedly already up around $10.4M on the position.
$99M on the line for an ETH-vs-BTC trade. 👀
A whale is currently running a massive $99M combined position on Hyperliquid.
But this isn't a simple bullish crypto bet.
🟢 $50.5M LONG $ETH
🔴 $48.7M SHORT $BTC
That leaves the trader with only around $1.8M net long exposure.
So the real trade is a bet on $ETH outperforming $BTC, rather than simply betting that the crypto market goes higher.
The wallet is reportedly already up around $10.4M on the position.
$99M on the line for an ETH-vs-BTC trade. 👀
