Whale Short on BTC Totals $520M with 40x Leverage
A high-profile crypto entity, known as the Hyperliquid 50x whale, has placed a BTC short worth $520 million using 40x leverage.
This event underscores the appetite for high-stakes trading in crypto markets, where leverage can amplify potential gains or losses.
Record-Breaking $520M BTC Short on Hyperliquid
The Hyperliquid 50x whale executed a BTC short valued at $520 million, marking a record position on the platform. The whale utilized 40x leverage on a total of 6,210 BTC. This transaction reflects a significant stance in Bitcoin’s fluctuating market.
Hyperliquid, led by CEO Arjun Balaji, is a decentralized exchange allowing users to take large leveraged positions. The CEO has previously advocated for transparency and high visibility trading strategies, as demonstrated by this latest move.
“When a whale shorts $450M+ BTC and wants a public audience, it’s only possible on Hyperliquid.” — Arjun Balaji, Founder and CEO, Hyperliquid
Potential Market Volatility Due to Whale Activity
The market has observed the whale’s position, indicating possible shifts in trader sentiment. The scale of the short raises potential volatility in Bitcoin’s value and market stability.
Financial implications may include increased risk for the platform, recalling a past incident where large leveraged positions caused substantial losses for Hyperliquid. Market participants remain vigilant to potential liquidations.
Past Leveraged Shorts and Their Market Impact
Large-scale shorts have previously led to significant market ripple effects. In March 2025, a similar leveraged ETH position resulted in a loss for Hyperliquid, highlighting the risks of substantial trades.
Experts emphasize the possible market jitteriness surrounding such large positions; historical data suggest high leverage can lead to increased volatility. Observers are keen on monitoring this situation for broader market cues.
