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Home News A Whale Shorted 3,500 BTC in Two Minutes, with a Position Worth Approximately $420 Million

A Whale Shorted 3,500 BTC in Two Minutes, with a Position Worth Approximately $420 Million

BlockBeats News, October 10th, according to MLM Monitor, a Bitcoin whale has just deposited 80 million USDC into Hyperliquid and shorted 3,500 BTC (approximately $4.2 billion) within two minutes.

The whale had previously deposited 3,000 BTC into Hyperliquid on October 8th ($3.65 billion), and still holds 29,300 BTC in their wallet ($35.7 billion).

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