A whale has stunned crypto watchers by making $36 million on a $1.1 billion long Bitcoin bet at 40x leverage as Bitcoin neared $112,000. A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be…
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Major Points: In order to place a wager, prominent cryptocurrency figure Balaji Srinivasan has disclosed that he is transferring $2 million into the stablecoin USDC. According to his forecast, there will soon be a return to a pre-20th century economic model known as “hyperbitcoinization,” in which Bitcoin will once again be treated as a form…
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