Hyperliquid Whale Down $9 Million This Week Flips to a 20x Tesla Bet

The Hyperliquid trader behind a $98 million bitcoin long has dumped the position at a loss and moved into $46 million of leveraged Tesla and chip-stock bets, two days before Tesla reports earnings. Bitcoin.com News first covered this wallet on Sunday, when it held a 40x bitcoin long worth about $98 million , roughly 1.6% from liquidation. The trades since then, pulled from the wallet’s onchain history , appear to read like one bad call after another: Onchain trackers tallied the exit at a $3.26 million loss.

Source: Bitcoin.com News