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via Cointelegraph · By Cointelegraph Staff

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

HYPE

HYPE/USDT

$57.617

+1.00%

$57.617

+1.00%

(24s)

24h Volume

$241,242,698.50

24h H/L

$58.06 / $56.77

Change: $1.29 (2.27%)

Funding Rate

+0.0052%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$57.62

▲ 1.21%

Volume (24h): -

Resistance Levels

Resistance 3$64.5213

Resistance 2$62.1584

Resistance 1$58.51

Price$57.62

Support 1$57.58

Support 2$55.1336

Support 3$53.0016

Pivot (PP):$56.7333

Trend:Sideways

RSI (14):51.8

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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