Bitcoin Surges Above $111,000 as 1011 Insider Whale’s 10x BTC Short Hits $1.4M Loss with $150,090 Liquidation Price

COINOTAG News reports that the trader known as ‘1011 Insider Whale’ anchored a 30 million USDC liquidity deployment into HyperLiquid and initiated a 10x BTC short exposure, signaling a calculated margin stance amid ambidextrous market conditions.

As the overall crypto market digested recent moves, Bitcoin traded above the $111,000 level, a reflection of renewed demand and liquidity across major venues.

Market trackers show the position now sits in roughly a $1.4 million unrealized loss, with a reported liquidation price near $150,090, highlighting the downside risk inherent to high-leverage bets.

Analysts note such activity underscores risk management discipline and the impact of price volatility on large-volume players in crypto markets and BTC hedges.

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