Hyperliquid Whale Down $9 Million This Week Flips to a 20x Tesla Bet
The Hyperliquid trader behind a $98 million bitcoin long has dumped the position at a loss and moved into $46 million of leveraged Tesla and chip-stock bets, two days before Tesla reports earnings. The Nitty Gritty of the Matter Bitcoin.com News first covered this wallet on Sunday, when it held a 40x bitcoin long worth […]
Key Takeaways
- The Hyperliquid trader behind a $98 million bitcoin long has dumped the position at a loss and moved into $46 million of leveraged Tesla and chip-stock bets, two days before Tesla reports earnings.
- The Nitty Gritty of the Matter Bitcoin.com News first covered this wallet on Sunday, when it held a 40x bitcoin long worth […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
UK Trio Jailed Over Home Invasion in Failed Crypto Theft Attempt
The victim was hit over the head before his teenage sister alerted police, who arrested all three men at the scene in May.
Stocks rebound into key tech earnings: Three things to know in Bitcoin this week
Analysis expects Bitcoin to retest $80,000 support again as stock markets attempt to recover last week’s losses.
Can Bitcoin Price Hold Above $80,000 This Week?
Bitcoin has recovered to around $82,500 after briefly falling below $80,000 last week. But the rebound faces a major test on Wednesday, when fresh US oil inventory data could revive the inflation fears that triggered the selloff. Macro Conditions Heavily…