X @Arkham
Arkhamยท2025-10-10 15:37
Whale Activity - A whale holding over $5 billion USD in BTC and $5 billion USD in ETH increased his BTC short position on Hyperliquid to $735 million USD [1] - This whale is up over $12 million USD on the short position [1] - The whale deposited $80 million USD of USDC and leveraged it over 5x to short BTC [1] - The whale also sent $50 million USD to Binance, likely to engage in similar shorting activity [1] Market Sentiment - The whale is betting on a massive market dump [2]