Bitcoin Whales Shorting with Massive Leveraged Positions: Insights from HyperLiquid

On May 7th, COINOTAG reported insights from Onchain Lens that reveal significant trading activities among two major whale investors in the Bitcoin market. The first whale has initiated a **short position** utilizing a substantial capital of **5.58 million USDC**, leveraging it by **40x**. This strategic move equates to a notional value exceeding **$70 million**, although it is currently facing an unrealized loss of approximately **$891,000**. In parallel, the second whale has committed **4.9 million USDC** to open a more conservative **11x leveraged short position**, translating to a notional exposure of over **$56 million** and an unrealized loss of around **$604,000**. These activities highlight the ongoing volatility and cautious sentiment prevailing in the **crypto market**, underscoring the importance of leveraging data analytics in trading strategies.