A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum
Key Takeaways A new wallet has shorted $48 million against BTC, SOL and ETH at 20x leverage on Hyperliquid. The position holds 430.64 BTC ($27.46M), 181,245 SOL ($13.24M) and 4,280 ETH ($7.37M). Such high leverage means a modest price rebound could liquidate the trader entirely, as recent Hyperliquid blowups have shown. Anatomy of the Bet…