📈 Bitcoin has blasted past $100K, now the 5th largest asset by market cap—eclipsing Amazon. Ethereum hit $2.4K, and memecoins like PEPE spiked over 40% in a day. But after this euphoric rally, the market is now cooling off in a tight range.
🐳 Enter the whale: Lookonchain reports a massive 13M USDC deposit to Hyperliquid to short BTC, ETH & SOL with 5x leverage. This move has triggered debate—is it confidence or desperation?
🧠 Analysts argue this isn’t smart hedging, but rather a risky contrarian bet against momentum, liquidity, and belief in a freshly ignited bull market. They say these kinds of trades only win when markets are structurally broken—something today’s macro setup doesn’t support.
🌍 With ETF inflows, sovereign adoption, and renewed retail interest, the bearish case is weakened. This short may be aiming at a distant future correction—not today’s bullish momentum.
⚠️ Still, volatility is rising. Retail traders should stay cautious, as more whale plays could shake the market short term.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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