Hyperliquid Whale swap $3M ETH for $200M 20x Bitcoin Long
For Hyperliquid, di whale AguilaTrades bin shut down im $3M ETH long wey loss come open a $200.5M Bitcoin long wit 20x leverage. E take fresh 5.28M USDC deposit fund di Bitcoin long. Dis kain switching show say e get strong bullish confidence for Bitcoin price wey go soon. High-leverage trading fit make price swing high and e fit affect funding rate. Traders suppose dey watch BTC open interest plus funding rate changes. Retail traders dem suppose set stop-loss orders, no use too much leverage, and make dem sabi diversify positions to handle liquidation risk.
Bullish
One whale wey shift from $3M ETH loss go one $200.5M 20x Bitcoin long dey show say e get strong gbebe for BTC. Dis kain big leveraged position fit make price jump small time plus boost funding rates dem. For long run, steady whale demand fit support price make e continue dey rise. But high leverage also dey bring risk for liquidation, wey make traders dey put risk controls. Overall, dis move show say dem get better hope for Bitcoin.