Betting on Dogs or Smart Money? Multiple Hyperliquid Traders Short Bitcoin with 40x Leverage

According to information shared by Lookonchain

Previously accused by ZachXBT of being a cybercriminal, William Parker, a whale with a high win rate record on Hyperliquid, has once again engaged in high-leverage trading on-chain after more than a month. This time, the whale deposited 2.68 million USDC into the platform and opted to short 888.8 Bitcoin with 40x leverage, while also shorting 1 million LDO tokens with 10x leverage. The liquidation prices are set at $105,690 and $1.9024, respectively.

In addition

Another wallet address starting with 0x5D2F also shorted 420.49 Bitcoin on Hyperliquid with 40x leverage, with a liquidation price of approximately $112,660.