Data: Trader VBVIT holds the largest BTC short position with unrealized profits on Hyperliquid, up $4.89 million
Let's look at both sides:
Bullish case: The event provides a narrative that could attract more attention;
Bearish case: Confidence may be affected, making short-term capital more cautious;
My take: Both sides have their rationale; ultimately, it comes down to how price and trading volume at $BTC behave.
$BTC latest: 76326.59, 24h -0.57%, 24h range 75736.38 ~ 78063.3.
Let's look at both sides:
Bullish case: The event provides a narrative that could attract more attention;
Bearish case: Confidence may be affected, making short-term capital more cautious;
My take: Both sides have their rationale; ultimately, it comes down to how price and trading volume at $BTC behave.
$BTC latest: 76326.59, 24h -0.57%, 24h range 75736.38 ~ 78063.3.
