Whale Adds $5M to Hyperliquid Short as Crypto Losses Cross $700,000
By: cryptosheadlines|2025/05/12 18:30:07
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Whale increased short position on Hyperliquid to $25M across BTC, ETH, and SOL.The position, using 5x leverage, has recorded losses exceeding $700,000.No liquidation yet, but market movement continues to counter the whale’s short direction.A large crypto whale has expanded a major short position on Hyperliquid, targeting Bitcoin, Ethereum, and Solana. The trader has now deposited a total of $25 million in USDC across multiple transactions. According to on-chain activity, the most recent deposit added $5 million to the position. This short is executed with 5x leverage and is currently experiencing losses exceeding $700,000.Initial Position Started on May 10 with $13MOn May 10, the whale initiated the first move by transferring $13 million in USDC to Hyperliquid. The funds were used to open 5x leveraged short positions against BTC, ETH, and SOL. The initial strategy involved anticipating a downward price shift across these major cryptocurrencies.The move was recorded on-chain, with wallet activity confirming the exact transfer time and targeted trading pairs. At the time of deposit, market conditions were relatively stable, and prices for the three tokens had not shown any breakout.Position Grows to $25M With Latest $5M TransferIn a continued bid to expand exposure, the whale deposited an additional $7 million after the initial short was placed. The most recent transaction, involving $5 million, brought the total value locked into this short to $25 million.This position remains active on Hyperliquid, one of the platforms offering leverage options for crypto traders. The open interest tied to this whale now stands among the largest observed on-chain for this type of strategy.Losses Build as Market Holds Above Key LevelsDespite the whale’s increasingly short exposure, Bitcoin, Ethereum, and Solana prices have remained mostly stable or upward-trending. On-chain monitoring tools indicate that the whale’s short position has entered a drawdown phase.Current unrealized losses have surpassed $700,000 across the combined trades. No recorded signs of liquidation have occurred, and the position remains open. Data from Hyperliquid reflects the drawdown percentage, with multiple trades still actively running under margin requirements. Although the positions are under pressure, margin thresholds appear to have allowed further deposits. With continued high-stakes activity, this whale has become a focus of attention across derivative tracking platforms. As of the latest update, there has been no visible change to the open short trades. The market has responded with increased liquidity around the targeted tokens. Large volume movements have not aligned with the whale’s short direction, leading to continued exposure risks.Source link
You may also like

What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15

If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.

Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.

After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?
Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.

On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms
The price has been discovered, and the market surrounding the price is still under construction.

Value Distribution of Stablecoins
The issuance layer obtains user funds and takes the largest profit margin; the two middle layers rely on traffic, distribution commissions, and underlying infrastructure; the application layer enjoys convenience but has no bargaining power.

Galaxy Deep Dive: Is the Bitcoin Four-Year Cycle Still Valid?
Galaxy Research believes that the four-year cycle of Bitcoin is still valid, but the amplitude of the cycle is shrinking. This round's peak is milder, which means that even if the pullback continues, the bottom may be higher than the extreme levels of past cycles.

SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026
Bitcoin recently plunged below $60,000 before rebounding, while SpaceX's historic IPO and Nvidia's continued AI momentum captured traders' attention worldwide. Explore why more crypto traders are looking beyond crypto in 2026 and what this shift means for emerging market opportunities.

The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11

a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money
There is more and more to do.

How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies
The value of tokenized products ultimately depends on whether the underlying structure is sound, rather than just the price displayed on the interface.
What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.
Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15
If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.
Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.
After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.
Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?
Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
