The post Crypto Whale Shorts BTC With Over $1 Billion Value – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Whale shorted $1.048 billion BTC; Bitcoin market impact in focus. High leverage intensifies market volatility risks. No public comments from Hyperliquid or involved whale. Whale liquidated a massive LDO short, then shorted $1.048 billion of Bitcoin on Hyperliquid May 12, reflecting major market moves. Whale shorts indicate bearish sentiment and could disrupt the crypto market’s stability. Whale Short Positions Stir Bitcoin MarketA whale recently liquidated a 40x leveraged short position in Lido DAO (LDO) on Hyperliquid and converted $795,000 USDC as margin. This transaction enabled a further short on Bitcoin, now totaling $1.048 billion in nominal value with an entry price of $104,427. Regulatory Scrutiny Likely as Crypto Whale Influences Prices The whale’s actions have ignited significant market speculation due to the scale of the involvement. Affected assets include not only Bitcoin but indirectly influence other leading cryptos like Solana (SOL) and Ethereum (ETH). This event continues to underscore market volatility linked to high-leverage positions. Market participants voiced concerns over the potential for increased volatility. No official statements from Hyperliquid’s leadership or the involved whale have emerged, leaving the crypto community speculating about the broader market implications. Market Data and Insights Did you know? Similar past events on decentralized exchanges such as Hyperliquid have occasionally led to exaggerated market volatility, reminding traders of the systemic implications of high-leverage crypto trading. According to CoinMarketCap, Lido DAO’s price stands at $1.11, with a market cap of $998.87 million and a fully diluted cap of $1.11 billion. The trading volume decreased by 23.85%, suggesting market uncertainty. Price appreciations occurred over 7 days (36.21%) and 30 days (48.95%), with a notable 33.36% drop over 90 days. Lido DAO(LDO), daily chart, screenshot on CoinMarketCap at 08:20 UTC on May 12, 2025. Source: CoinMarketCap EmberCN shares an important tweet about industry updates, further highlighting…

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Filed under: News - @ May 12, 2025 8:25 am