Group 1 - A significant Bitcoin "whale" has placed a $365 million bet against Bitcoin, opening a massive short position at $84,040 with a leverage of 40 times, executed on the Hyperliquid platform [1] - The trader has set two take profit targets at $69,414 and $58,664, but has not set a stop-loss, which increases the risk of liquidation if Bitcoin prices rise above $85,000 [1] - As of the morning of the 17th, Bitcoin's trading price was $83,537, reflecting a 2.8% decline from the previous week [2] Group 2 - The trader is not inexperienced, having previously made a profit of $16.39 million on Hyperliquid, but is currently in a precarious position due to the high risk associated with 40x leverage [3] - Market observers note that a mere 2.5% price fluctuation could lead to the liquidation of the entire position, highlighting the volatility in the cryptocurrency market [3] - In the past 24 hours, $94 million worth of positions have been liquidated in the cryptocurrency market, with short positions accounting for the majority at $49 million [3]