Crypto Whale Shorts $445M in Bitcoin While Taking Bullish Bet on MELANIA Token, Hyperliquid Data Show 🐋
A notable trading maneuver occurred with the shorting of $445 million worth of Bitcoin, attracting significant attention due to its scale. This strategic move coincides with a bullish position on the MELANIA token, showcasing a complex interplay of market bets. According to Hyperliquid data and observer insights, efforts to liquidate the substantial short position met with difficulties, reflecting the intricate dynamics and risks inherent in cryptocurrency trading. The situation highlights the ever-evolving strategies employed by traders within the volatile crypto markets.
Source: www.coindesk.com ↗
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