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via Cointelegraph · By Cointelegraph Staff

Hyperliquid Whale Shorts $70M in Crypto: Should Bitcoin Investors Be Worried?

HYPE

HYPE/USDT

$88.327

+3.26%

$88.327

+3.26%

(24s)

24h Volume

$1,017,784,739.74

24h H/L

$89.63 / $84.68

Change: $4.95 (5.85%)

Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$88.86

▲ 4.01%

Volume (24h): -

Resistance Levels

Resistance 3$104.625

Resistance 2$98.2013

Resistance 1$91.0304

Price$88.86

Support 1$85.2733

Support 2$81.5767

Support 3$74.9306

Pivot (PP):$85.1033

Trend:Uptrend

RSI (14):68.3

Cointelegraph Staff

(07:44 PM UTC)

1 min read

Updated byEmily Watson

0 comments

Key takeaways:

A successful Hyperliquid whale opened a $70 million short position, but data suggests this is a technical move.
Rising oil prices and Fed liquidity injections could devalue US Treasuries, boosting Bitcoin as a scarce macro asset.

Bitcoin below $80,000 as Hyperliquid whale flips bearish on crypto

Bitcoin (BTC) failed to sustain bullish momentum on Wednesday, retreating below the…

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Source

Cointelegraph Staff · Cointelegraph

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