Home Bitcoin 40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTC

40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTC

by Katherine Dowd



40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTCThis weekend, a trader on Hyperliquid, a decentralized derivatives exchange, has been making waves with an eye-catching bitcoin short position. Using 40x leverage, the trader’s bet carries a notional value of approximately $379 million—enough to turn plenty of heads in the crypto world. Trader ‘Tether FUD’ Makes Waves With Bold Bitcoin Short Play At 1 […]



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