Bitcoin Whale Avoids Liquidation on $445M Short Position Despite Coordinated Efforts
A high-leverage Bitcoin short position on Hyperliquid remains active as the whale adds margin, while traders' attempt to force liquidation fails.
- A Bitcoin whale's $445 million short position with 40x leverage on Hyperliquid has drawn widespread attention for its high-risk nature.
- The whale avoided liquidation by depositing $5 million in additional margin after Bitcoin's price neared the $86,000 liquidation threshold.
- A coordinated effort led by pseudonymous trader Cbb0fe to drive Bitcoin's price higher and liquidate the position ultimately failed.
- The whale also holds a 5x leveraged long position on the MELANIA token, reportedly linked to a company owned by Melania Trump.
- Hyperliquid's transparency in publicly displaying trading positions has highlighted the risks and dynamics of decentralized platforms.