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Bitcoin.com
2025-03-16 17:40:38

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

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

This 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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