May 23, 2025

Hyperliquid Trader’s $1 Billion Bitcoin Bet Seesaws Amid Price Volatility

An investor’s $1 billion Bitcoin bet on the decentralized exchange Hyperliquid swung massively on Wednesday, with their account surviving a $32 million drawdown on paper, as the asset’s price ping-ponged on a volatile day of trading. The user, controlling …

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