Someone front-ran Bitcoin's dump last night — with a 40x short. 📉
Hours before BTC broke below $84,000 and flushed $550 million in longs, four wallets opened shorts on 148.49 BTC at 40x leverage on Hyperliquid, funded with USDC. Onchain trackers flagged them right before the drop.
But here is the part that matters: BTC tagged $83,560, held its 21-day average at $83,850 — and fresh money walked straight back in. Open interest jumped from $54.2B to $55.3B in six hours.
So the lows got bought fast. Rekt Capital says it only counts if BTC closes above $86,700 for a day or three. Until then, the 21-day line decides everything.
Lucky guess — or did somebody know something? 👀
$BTC $HYPE
#Bitcoin #CryptoNews #Hyperliquid
Hours before BTC broke below $84,000 and flushed $550 million in longs, four wallets opened shorts on 148.49 BTC at 40x leverage on Hyperliquid, funded with USDC. Onchain trackers flagged them right before the drop.
But here is the part that matters: BTC tagged $83,560, held its 21-day average at $83,850 — and fresh money walked straight back in. Open interest jumped from $54.2B to $55.3B in six hours.
So the lows got bought fast. Rekt Capital says it only counts if BTC closes above $86,700 for a day or three. Until then, the 21-day line decides everything.
Lucky guess — or did somebody know something? 👀
$BTC $HYPE
#Bitcoin #CryptoNews #Hyperliquid
