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Bitcoin whale places 40x leveraged $830 million long position on Hyperliquid – TON BOT

Bitcoin whale places 40x leveraged $830 million long position on Hyperliquid

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Crypto whale James Wynn opened an $830 million long position on Bitcoin on Hyperliquid. He initiated a 40x leveraged long position totaling 7,764 BTC. Despite reducing his exposure to $430 million, Wynn remains bullish on Bitcoin. Other whales are initiating short positions. Wynn’s bullish bet aligns with optimism surrounding Bitcoin’s recent price surge. Bitcoin holders are profitable, and US spot Bitcoin ETFs are seeing significant inflows, indicating strong institutional interest. Market analysts predict Bitcoin could reach a new all-time high above $110,000.

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