Will the Hyperliquid Whale Get Liquidated?

Bitcoin keeps climbing as ETF inflows stay strong, the Coinbase premium holds, and CME basis widens. A single whale on Hyperliquid is riding a 40× long worth $830 million with a $100k liquidation line, a pocket of high leverage in an otherwise tame market. With spot ETF allocations growing and the Genius stablecoin bill moving toward a full Senate vote after the Memorial Day recess, the backdrop remains bullish.

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