ChainScope Bulletin

🐋 Hyperliquid Whale Makes Massive Bet Against Bitcoin 📉 The infamous “Hyperliquid whale”, known for placing enormous leveraged trades on the decentralized exchange Hyperliquid, has recently ramped up a short position on Bitcoin (BTC). As of October 20, 2025, the trader holds a $121.72 million short at 10x cross leverage, with an entry price of $109,762 and a current mark around $110,629.The whale’s liquidation price sits at $135,320, signaling a strong belief that Bitcoin’s recent rally is set to reverse.📊 The wallet behind this activity, labeled “0xb317D”, has an overall value of $29.03 million, primarily in perpetual contracts. This trader has earned a reputation for precise, high-stakes moves based on macroeconomic events. Earlier in October, the same wallet executed significant shorts on Bitcoin and Ethereum just ahead of major announcements, reportedly realizing over $190 million in profits.🔍 Analysts and market watchers keep a close eye on the so-called*This is not financial advice.