Bitcoin Whale Opens 10x Short on BTC and ETH After 255 BTC Move on HyperLiquid

BTC

BTC/USDT

$81,105.99

+1.90%

$81,105.99

+1.90%

(24s)

24h Volume

$23,400,063,516.42

24h H/L

$82,048.13 / $78,922.00

Change: $3,126.13 (3.96%)

Long/Short

39.1%

Long: 39.1%Short: 60.9%

Funding Rate

-0.0026%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$80,944.00

▼ -0.18%

Volume (24h): -

Resistance Levels

Resistance 3$89,065.20

Resistance 2$83,135.64

Resistance 1$81,984.61

Price$80,944.00

Support 1$80,299.83

Support 2$77,960.10

Support 3$73,990.43

Pivot (PP):$81,156.86

Trend:Sideways

RSI (14):59.3

COINOTAG News, December 19, citing Onchain Lens analytics, reports a large whale deposit and subsequent disposition of 255 BTC on HyperLiquid, valued at $21.77 million. The move underscores persistent on-chain activity among major holders and highlights evolving liquidity dynamics within the Bitcoin network.

In a follow-up, the same address opened a 10x leveraged short position on BTC and ETH, with a reported notional around $77.4 million, including 876.27 BTC ($76 million) and 372.78 ETH ($1 million). This configuration reflects deliberate risk positioning by a major holder and aligns with observed hedging activity across crypto markets during periods of liquidity readjustment.