Whale Places $80M Bet Against Bitcoin Amid Market Uncertainty

A significant market player has made a substantial bet against Bitcoin and the S&P 500 while investing in Brent crude oil prices.

The trader, known as a Hyperliquid whale, placed an $80 million bet using the Hyperliquid DEX platform. The trade includes short positions on Bitcoin futures and the S&P 500 Index contracts, along with a long position on synthetic Brent oil contracts.

Notably, this whale has a history of making significant losses in its trades. In December 2025, it lost $37 million in its first month of activity, and earlier in February, it took a massive loss on leveraged bullish bets on various cryptocurrencies.