Hupzy (Spot On Chain)|Jun 06, 2026 10:04
๐จ A single wallet opened a ๐ฎ๐ฌ๐
short on 1,588 BTC (~$97M) with liquidation at $63,939 โ a ~1% adverse move wipes the position.
https://hypurrscan.io/address/0x50b309f78e774a756a2230e1769729094cac9f20#perps
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: This isn't a hedge; it's a high-conviction directional bet. If BTC rallies toward $64K, the forced covering on a $97M notional could fuel a sharp short squeeze. If it breaks down, this trader is prepared for near-total loss.
--source: https://x.com/lookonchain/status/2063198926698901957
Track real-time signals & trade โ https://hupzy.com/trending(Hupzy (Spot On Chain))
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