40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTC

By Bitcoin News | Created at 2025-03-16 18:13:22 | Updated at 2025-03-17 04:32:20 10 hours ago
40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTCThis 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 […]
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