Bitcoin Surges Above $111,000 as 1011 Insider Whale’s 10x BTC Short Hits $1.4M Loss with $150,090 Liquidation Price
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
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.