{"id":67337,"date":"2026-04-02T09:45:26","date_gmt":"2026-04-02T02:45:26","guid":{"rendered":"https:\/\/hbbgroup.net\/hyperliquid-whale-makes-80m-bet-on-market-crash-is-bitcoin-in-trouble\/"},"modified":"2026-04-02T09:45:26","modified_gmt":"2026-04-02T02:45:26","slug":"hyperliquid-whale-makes-80m-bet-on-market-crash-is-bitcoin-in-trouble","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/hyperliquid-whale-makes-80m-bet-on-market-crash-is-bitcoin-in-trouble\/","title":{"rendered":"Hyperliquid whale makes $80M bet on market crash: Is Bitcoin in trouble?"},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p><strong>Key takeaways:<\/strong><\/p>\n<ul>\n<li>\n<p>A Hyperliquid whale placed an $80 million bet against Bitcoin and the S&#038;P 500 while going long on Brent crude oil prices.<\/p>\n<\/li>\n<li>\n<p>The whale\u2019s history of massive losses and inconsistent signals suggests the trade could fall on the wrong side of the market.<\/p>\n<\/li>\n<\/ul>\n<p>Bitcoin (<a title=\"http:\/\/cointelegraph.com\/bitcoin-price\" href=\"http:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>) showed strength on Wednesday, bouncing back from Tuesday&#8217;s $66,000 low after President Donald Trump teased a potential ceasefire in the <a title=\"https:\/\/cointelegraph.com\/news\/trump-signals-us-withdrawal-iran-weeks\" href=\"https:\/\/cointelegraph.com\/news\/trump-signals-us-withdrawal-iran-weeks\">US and Israel-Iran war<\/a>. Even with Bitcoin trading above $68,000, one whale used Hyperliquid DEX to place an $80 million bet on a market collapse.\u00a0<\/p>\n<p>Traders are now watching closely to see if this whale&#8217;s massive position signals a looming Bitcoin price drop.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d4ab9-ca9a-7357-b916-323ae2f50b6c.png\"><figcaption><em>Hyperliquid whale 0x94d373\u2026c933814 position. Source: <\/em><a title=\"https:\/\/www.coinglass.com\/hyperliquid\/0x94d3735543ecb3d339064151118644501c933814\" href=\"https:\/\/www.coinglass.com\/hyperliquid\/0x94d3735543ecb3d339064151118644501c933814\" target=\"_blank\" rel=\"nofollow noopener\"><em>CoinGlass<\/em><\/a><\/figcaption><\/figure>\n<p>The Hyperliquid whale, linked to address 0x94d373\u2026c933814, carefully built this nearly $80 million leveraged position between Tuesday and Wednesday. The trade includes a $40 million short (sell) on Bitcoin futures near $68,760, a $2 million short on synthetic S&#038;P 500 Index contracts, and a $37 million long (buy) in synthetic Brent oil contracts.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d4ab9-cdfe-7b8b-b44a-b9e19b8d1270.png\"><figcaption><em>Crude Brent oil (left) vs. Bitcoin\/USD (right). Source: <\/em><a title=\"https:\/\/www.tradingview.com\/symbols\/UKOIL\/\" href=\"https:\/\/www.tradingview.com\/symbols\/UKOIL\/\" target=\"_blank\" rel=\"nofollow noopener\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>The whale&#8217;s aggregate position leverage stood at 7 times, indicating high conviction. The Bitcoin futures liquidation price was $80,083, while the Brent oil position would be forcefully terminated above $93. The timing of the trade is curious as S&#038;P 500 Index futures gained 4% between Tuesday and Wednesday as traders anticipate the US and Israel-Iran war dissipating over the next few weeks.<\/p>\n<p>On Wednesday, President Trump said &#8220;Iran\u2019s New Regime President&#8221; is considering a &#8220;ceasefire,&#8221; although the conditions to fully reopen the Strait of Hormuz remain unknown. Iran demands reparations and sovereignty. Thus, one could assume that the Hyperliquid whale is counter-trading the market&#8217;s optimistic take, betting that Brent <a title=\"https:\/\/cointelegraph.com\/markets\/oil-prices-hit-3-year-high-above-dollar105-will-bitcoin-crash-again\" href=\"https:\/\/cointelegraph.com\/markets\/oil-prices-hit-3-year-high-above-dollar105-will-bitcoin-crash-again\">crude oil prices will jump<\/a> while Bitcoin loses its value.<\/p>\n<h2><strong>This Hyperliquid whale previously lost $40 million<\/strong><\/h2>\n<p>This address belongs to a particularly unlucky whale, or at least one who has been extremely unsuccessful since late January. The Hyperliquid whale apparently uses bots for execution, given the sheer number of small trades that build into huge positions, but it still managed to lose $37 million in its first month of activity in December 2025.<\/p>\n<p>The same user was flagged by X user \u2018lookonchain\u2019 on Feb. 5 after taking a massive loss on leveraged bullish bets on Ether (<a title=\"http:\/\/cointelegraph.com\/ethereum-price\" href=\"http:\/\/cointelegraph.com\/ethereum-price\" target=\"_blank\" rel=\"nofollow noopener\">ETH<\/a>), Bitcoin, Solana (<a title=\"http:\/\/cointelegraph.com\/solana-price-index\" href=\"http:\/\/cointelegraph.com\/solana-price-index\" target=\"_blank\" rel=\"nofollow noopener\">SOL<\/a>), and XRP (<a title=\"http:\/\/cointelegraph.com\/xrp-price-index\" href=\"http:\/\/cointelegraph.com\/xrp-price-index\" target=\"_blank\" rel=\"nofollow noopener\">XRP<\/a>).\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d4ab9-d2a8-7971-9f36-22041938d3da.png\"><figcaption><em>Source: X\/<\/em><a title=\"https:\/\/x.com\/lookonchain\/status\/2019322342003163158\" href=\"https:\/\/x.com\/lookonchain\/status\/2019322342003163158\" target=\"_blank\" rel=\"nofollow noopener\"><em>lookonchain<\/em><\/a><\/figcaption><\/figure>\n<p>According to the analysis, the whale had previously made $25 million in profits from shorts in multiple cryptocurrencies, but decided to flip the position on Feb. 4, resulting in a $40 million loss. There is no way to know exactly what triggered this entity to place those bets, but the event proves that even whales can misinterpret the market.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a title=\"https:\/\/cointelegraph.com\/markets\/warren-buffett-bought-17b-in-us-t-bills-a-bad-omen-for-bitcoin-price\" href=\"https:\/\/cointelegraph.com\/markets\/warren-buffett-bought-17b-in-us-t-bills-a-bad-omen-for-bitcoin-price\"><em><strong>Warren Buffett bought $17B in US T-bills: A bad omen for Bitcoin price?<\/strong><\/em><\/a><\/p>\n<p>The erratic signals from President Trump regarding a potential full-on invasion and the war in Iran leave room for opposing views. Iranian Foreign Minister Abbas Araghchi denied there were talks for a ceasefire but confirmed to Al Jazeera on Tuesday that there was an intention to end the war, <a title=\"https:\/\/www.cnbc.com\/2026\/04\/01\/trump-iran-war-ceasefire.html\" href=\"https:\/\/www.cnbc.com\/2026\/04\/01\/trump-iran-war-ceasefire.html\" target=\"_blank\" rel=\"nofollow noopener\">according<\/a> to CNBC.<\/p>\n<p>Given the history of this whale\u2019s market positioning and its track record of losing trades, it\u2019s possible that the current $80 million bet may fall on the wrong side of the market.<\/p>\n<p><template data-type=\"markets_outlook\" data-name=\"subscription_form\" data-label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p data-testid=\"post-category-disclaimer\"><span>This article is produced in accordance with Cointelegraph&#8217;s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Key takeaways: A Hyperliquid whale placed an $80 million bet against Bitcoin and the S&#038;P 500 while going long on [&hellip;]<\/p>","protected":false},"author":5,"featured_media":67338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-67337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/67337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=67337"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/67337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/67338"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=67337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=67337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=67337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}