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via Cointelegraph · By Cointelegraph Staff

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

HYPE

HYPE/USDT

$61.178

+0.54%

$61.178

+0.54%

(24s)

24h Volume

$1,611,856,373.08

24h H/L

$64.66 / $58.56

Change: $6.10 (10.42%)

Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$59.93

▼ -6.33%

Volume (24h): -

Resistance Levels

Resistance 3$72.1339

Resistance 2$64.7375

Resistance 1$60.7412

Price$59.93

Support 1$57.5333

Support 2$52.65

Support 3$43.5671

Pivot (PP):$61.05

Trend:Uptrend

RSI (14):45.9

Cointelegraph Staff

(07:44 PM UTC)

1 min read

Updated byEmily Watson

1308 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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