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🔥 Trader Bets $379M Against Bitcoin With 40x Leverage.
A trader known as "Tether FUD" opened a massive $379M short position on BTC using 40x leverage on Hyperliquid. With an entry at $84,018 and liquidation at $86,593, the position neared liquidation when BTC briefly hit $85,059 but later dropped, pushing unrealized gains to $2.4M.
#Gate Post Highlights #Crypto #moonspid #HotTopicDiscussion #BTC