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14:51
WIF Price Analysis: Hyperliquid Trader Opens 10x Leverage Short After BTC Profits

According to Ai 姨 on Twitter, a well-known Hyperliquid trader has just closed their BTC positions with profits and immediately opened a massive 10x leveraged short on WIF, shorting 3,576,537 WIF tokens worth $4.08 million at an entry price of $1.15 with a liquidation price at $1.19 (source: Twitter/@ai_9684xtpa). This aggressive short position, backed by a $368,478 margin, signals increased bearish sentiment and heightened volatility for WIF in the near term. Traders should closely watch WIF price action and liquidity levels, as high-profile moves like this often lead to increased market activity and potential liquidations, impacting both WIF and the broader altcoin market.

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