Analyst: 5x leverage shorting BTC/ETH/SOL, giant whales continue to increase short positions
According to ChainCatcher's message, on-chain analyst Yu Jin has monitored that whales using 5x leverage to short BTC/ETH/SOL have been continuously increasing their short positions. Since the market rise on May 9, he has used up to 40.5 million USDC as margin to short BTC/ETH/SOL on Hyperliquid with 5x leverage, with a position value of up to 160 million dollars.
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