Hyperliquid Whale Holds $38M Bitcoin Short Position as Funding Rates Turn Negative
Hyperliquid Whale Holds $38M Bitcoin Short Position A prominent cryptocurrency whale on Hyperliquid exchange is maintaining a $38 million short position against Bitcoin and several altcoins, signaling potential bearish sentiment as BTC struggles to break above $78,000. The whale, operating under the address 0x7fda…c517d1 and known as BobbyBigSize, has generated $159 million in profits over…
