
{"id":67202,"date":"2025-05-18T12:05:16","date_gmt":"2025-05-18T12:05:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67202"},"modified":"2025-05-18T12:05:16","modified_gmt":"2025-05-18T12:05:16","slug":"big-bitcoin-bet-as-btc-whale-doubles-down-with-393-million-long-position","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67202","title":{"rendered":"Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position"},"content":{"rendered":"<p>On-chain data reveals that an unknown large market participant has opened a few mindblowing long positions for bitcoin with an average price of just over $103,000.<\/p>\n<p>Broadcasting live data from the exchange it was opened on \u2013 Hyperliquid, CoinGlass\u2019s live feed shows that the liquidation price is set at $95,576.<\/p>\n<p>A WHALE JUST OPENED $276 MILLION<br \/>\n40X LONG POSITION ON BITCOIN<\/p>\n<p>THE LIQUIDATION PRICE IS $95,000<\/p>\n<p>WHALE OR INSIDER ? <a href=\"https:\/\/t.co\/79Aopmbl1m\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/79Aopmbl1m<\/a><\/p>\n<p>\u2014 Ash Crypto (@Ashcryptoreal) <a href=\"https:\/\/twitter.com\/Ashcryptoreal\/status\/1923742235851403691?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 17, 2025<\/a><\/p>\n\n<p>Numerous crypto content creators and influencers picked up the massive position on Saturday evening, which at first was worth a more modest $276 million. The initial entry price was $103,129.<\/p>\n<p>However, live data from CoinGlass shows that the mysterious whale capitalized on a brief opportunity they had when bitcoin\u2019s price slipped below $103,000 to double down on their position, which is now worth over $393 million (3,790 BTC).<\/p>\n<p>The entry price has been lowered to $103,083, but the liquidation still stands at just shy of $95,600. Given BTC\u2019s current price tag of almost $104,000, the whale stands on a \u201cmodest\u201d unrealized profit of $3.3 million as of now.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-18-145358.png\"><\/a><\/p>\n<p>There have been quite a few cases in the past couple of months in which mysterious whales opened large positions on Hyperliquid that caught the community\u2019s attention. Recall another <a href=\"https:\/\/cryptopotato.com\/zachxbt-identifies-hyperliquid-whale-as-uk-fraudster\/\">example<\/a> from March this year when someone opened a massive multi-million-dollar short position.<\/p>\n<p>Later, popular crypto sleuth ZachXBT claimed that this was William Parker, a UK individual linked to a $1 million casino theft among other scandals.<\/p>\n<p>According to the reports, Parker profited around $20 million by using extremely high leverage to open positions worth hundreds of millions of dollars, which allowed him to manipulate the market.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/big-bitcoin-bet-as-btc-whale-doubles-down-with-393-million-long-position\/\">Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>On-chain data reveals that an unknown large market participant has opened a few mindblowing long positions for bitcoin with an average price of just over $103,000. Broadcasting live data from the exchange it was opened on \u2013 Hyperliquid, CoinGlass\u2019s live feed shows that the liquidation price is set at $95,576. A WHALE JUST OPENED $276 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":67203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67202"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67202"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67203"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}