Hyperliquid Trader’s $1B Bitcoin Gamble Whipsaws as Market Churns

A single trader on Hyperliquid just rode a $1 billion Bitcoin position through the crypto wringer—proving once again that volatility eats hedge funds for breakfast.
When BTC price swings hit, even the biggest bets get tossed like a salad. This whale’s rollercoaster trade underscores the high-stakes casino lurking beneath decentralized finance’s veneer of innovation.
Wall Street’s ‘risk managers’ are probably clutching their pearls—assuming they’ve looked up from their Excel sheets long enough to notice.