Markets· ★★· neutral·

Hyperliquid whale down $9M this week flips to 20x Tesla bet

  • —The 1,355.6 BTC long closed at an average of $80,945, locking in a loss
  • —The ether long was liquidated for a total loss of about $1.08 million
  • —New Tesla long: 96,522 shares worth $34.6 million at $360.23 with 20x leverage
  • —DRAM and SOXL positions are up about $265,000 and $291,000 respectively
Why it matters: Tesla's Oct. 21 earnings could wipe out the wallet's largest position, with liquidation near $350.74.
Source: Cryptonews.net