Whale Shorts $16M in Bitcoin and Ether While Going Long on TradFi on Hyperliquid

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Onchain data has flagged a smart money whale running heavily leveraged short positions on bitcoin and ether simultaneously with long positions on traditional financial (TradFi) market indexes through Hyperliquid. Long TradFi, Short Crypto: The Trade in Detail The wallet holds a $5.09 million long position on the XYZ100 index perpetual at 4x leverage, currently sitting […]