Whale Drops Millions, Bitcoin Rockets – What Could Go Wrong? 🤔

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Whale Drops Millions, Bitcoin Rockets – What Could Go Wrong? 🤔

So apparently, some “Mystery Whale” — yeah, I mean, what’s more original than that? — just tossed in another 2.35 million USDC into the pool, trying to ride Bitcoin like it’s a roller coaster that’s only going up. Because, you know, no risk, no reward, right? 🎢💸

This genius now sitting on a cool $5 million profit in a single day. Just a casual day at the aquarium. And this guy’s got a quarter billion dollars riding on this. Not bad, huh? Or maybe bad? You tell me. Anyway, with $17.45 million stashed away and using a zesty 20x leverage, he’s playing with fire — delightful! 🔥

The guy’s betting big, feeling invincible, thinking, “Hey, what’s the worst that could happen?” Well, except for *everything* going south. The liquidation price sits at $105,090 — just 4.5% below his entry. Slightly optimistic, don’t you think?

Lookonchain tells us this mystery wallet was born yesterday, deposited $10 million into Hyperliquid, and now Bitcoin’s surging past $110,000. Must be nice to just throw some money around and watch the fireworks. 🎆

$438 million worth of liquidations

Meanwhile, CoinGlass reports nearly $438 million got wiped out in the last 24 hours. That’s a big yawn for some, a disaster for others. Short traders took a beating — nearly $387 million evaporated. They must be crying into their keyboards. And 105,590 traders got knocked out — including some who thought they knew what they were doing. Spoiler: they didn’t.

In terms of volume, a whopping $54 billion traded in just a day — up 130%! That’s the kind of numbers that make you second-guess your life choices. And among the big players on Binance? For every 100 shorts, there are about 68 longs — so most traders are bearish. But our mystery whale? He’s confidently dancing on the bullish side, like he’s the king of the hill. 🏆

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2025-06-10 08:48