This weekend, a trader on Hyperliquid, a decentralized derivatives exchange, has been making waves with an eye-catching bitcoin short position. Using 40x leverage, the trader’s bet carries a notional value of approximately $379 million—enough to turn plenty of heads in the crypto world. Trader ‘Tether FUD’ Makes Waves With Bold Bitcoin Short Play At 1 […]
Source: https://news.bitcoin.com/40x-leverage-millions-on-the-line-meet-the-trader-betting-big-against-btc/
40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTC
