Latest Update
2026-10-09 17:16 UTC

Hyperliquid: Wallet Shorts 305.5 BTC at 40x After Tornado Deposit

Hyperliquid: Wallet Shorts 305.5 BTC at 40x After Tornado Deposit

@EmberCN reports a wallet received 263 ETH from Tornado Cash, converted it to 643000 USDC and deposited into Hyperliquid before opening a 40x short on 305.5 BTC at 83068 with liquidation at 84088.

Source

Analysis

@EmberCN flagged a wallet that pulled 263 ETH from Tornado Cash yesterday, swapped it into 643000 USDC and moved the funds straight into Hyperliquid. The address then opened a maximum-leverage 40x short on 305.5 BTC at 83068, sizing the position at 25.38 million dollars; the trade now shows 160000 dollars in unrealized profit with liquidation sitting at 84088.

BTC trades at 82608.23 on the four-hour chart inside a bearish structure defined by the 50-EMA at 83777.98 acting as overhead resistance while the 200-EMA at 82214.22 provides the nearest structural floor. Momentum remains neutral with RSI at 42.95, yet the MACD golden cross at negative 587.23 hints at building downside pressure. Price sits comfortably inside the Bollinger band, so any test of the upper band near 84966.42 would likely meet selling that pushes the market back toward the 50-EMA support before the next directional move.


余烬

@EmberCN

Analyst about On-chain Analysis