
Wallet Sells 262.78 ETH for $643K USDC, Opens 40x Bitcoin Short
- —262.78 ETH sold for 643,000 USDC
- —Funds deposited on Hyperliquid for a 40x BTC short
- —Short's liquidation price at $84,086.03
Why it matters: Large speculative trades amplify ETH and BTC volatility, signaling bearish positioning among some traders.
Source: Cryptonews.net