40x 19 - Trader Opens High-Stakes 40x Short on Bitcoin with $20.32M Position

By | 2026-06-14 10:14:50 | 9 min read

A trader identified as 0x128e has made a significant move by depositing 499,900 USDC into the HyperLiquid platform to open a 40x leveraged short position on 250 Bitcoin, valued at approximately $20.32 million. The position carries a liquidation price of $82,236.61, highlighting the high-risk nature of this trade. This bold strategy could result in substantial gains or rapid liquidation, depending on Bitcoin's price movements.

BTC+1.16%USDC-0.01%

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