Bitcoin News Update: Hyperliquid's BTC Short Balances on Edge: $17 Million Profit Nears as $111,000 Liquidation Threatens
- Hyperliquid's largest BTC short holds $17M unrealized gains, risking liquidation above $111,770 amid volatile $106K price. - 20x leveraged position shows 4.86% profit from $111K entry, with 55% of platform's $5.3B total positions in shorts. - $30M POPCAT manipulation incident exposed liquidity risks, causing $63M liquidations and $4.9M HLP losses. - BTC faces bearish pressure below $101K despite 15/1 technical buy signals, as ETF inflows revive institutional demand.
Hyperliquid's largest
Across the broader crypto sector, $343.89 million has been liquidated in the past 24 hours,
Despite this, Hyperliquid has come under fire for liquidity concerns.
These incidents underscore the delicate balance between innovation and security in decentralized derivatives. Although November has historically been a strong month for Bitcoin, averaging a 42% return,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Global markets are experiencing multiple transformative catalysts supporting the recovery of risk assets. For instance, Trump has revived his proposal to distribute $2000 "tariff dividend" checks to every American using tariff revenues. While the plan faces hurdles such as congressional approval and inflationary concerns, it has already boosted consumer confidence and is expected to inject trillions of dollars in liquidity, benefitting high-growth technology sectors. Meanwhile, the U.S. government shutdown has reached a record 41 days. With the Senate having reached an agreement, it's expected to end on November 11—potentially triggering a renewed fiscal injection of tens of billions of dollars and a V-shaped rebound similar to past shutdown recoveries. Market expectations for a rate cut at the Federal Reserve's December FOMC meeting are also rising, with a 62.6% probability priced in for a 25-basis-point cut. Some Trump-backed officials even advocate for a 50-basis-point reduction, which would extend the easing cycle and further stimulate investment in crypto and AI infrastructure. Together, these factors may drive a 5–10% rebound in total crypto market capitalization, creating a window of opportunity for allocation to high-quality projects.
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