The “Hyperliquid Whale” shakes markets with a colossal bet

This weekend, the crypto community was captivated by the actions of an elite trader on the decentralized platform Hyperliquid.

This weekend, the crypto community was shaken by an exceptional revelation: a top trader on Hyperliquid took a long bitcoin position with 40x leverage, with a notional value approaching 392 million dollars. This bold move, with a liquidation threshold around $95,000, raises significant questions about the prospects of the crypto market.

The “Hyperliquid Whale” shakes markets with a colossal bet

This weekend, elite traders on the decentralized platform Hyperliquid have captivated the crypto community with their actions.

Among them, a figure in particular has drawn attention: ranked third on the platform and managing an X account followed by nearly 52,000 subscribers, this trader, probably James Wynn, has taken an extraordinary bitcoin position: 40x leverage, turning a base investment of about $9.8 million into a position worth a total of about $392 million.

To support this high-risk strategy, the trader deposited more than $49 million USDC as collateral on his perpetual trading account.

The critical point of this operation lies in its liquidation threshold around $95,000. In essence, if the bitcoin price falls below this mark, the entire position will be automatically liquidated, resulting in the loss of the initial investment.

James Wynn himself did not hesitate to comment on his strategy on social media, drawing even more attention to this bold bet.

A strong signal for the market, a simple bet or a financial prophecy?

Nicknamed the “Hyperliquid Whale” on social media, this elite trader is already provoking intense speculation. Some observers believe he has inside information to justify such a considerable risk with 40x leverage.

Influencer Sightbringer offered a particularly noted analysis: this position is not a simple financial transaction, but a true message sent to the crypto market.

According to him, the exceptional scale of the investment and the deliberate risk exposure act as a strong signal announcing an imminent and spectacular price rise.

“It’s ignition time. The floor has been drawn. And whales are betting the capital’s future on bitcoin, which holds above $95,000,” stated Sightbringer in a widely shared message.

This strategic positioning perfectly coincides with bitcoin crossing the $105,000 threshold this Sunday, following a rebound from $102,000.

If this momentum continues to $115,000, a domino effect could be triggered with the liquidation of about $5 billion of short positions, further amplifying the rise.

This approach also seems validated by Glassnode on-chain data, which identified significant Bitcoin accumulation between $93,000 and $95,000 – exactly the zone our whale seems to be viewing as unbreakable support.

The entire crypto market is now watching this colossal position: will we witness one of the most powerful bullish signals in bitcoin’s recent history, or one of the most spectacular liquidations? Recent whale behavior could weigh heavily in the balance. The line is drawn at $95,000.