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The Nexus
BUSINESSMay 13 · 19:44 UTCCOINTELEGRAPHCointelegraph by Marcel Pechman

Whale shorts $70M in crypto and tech: Should Bitcoin traders worry?

A Hyperliquid whale has made short-term bearish bets of $70M in crypto and tech, but a growing US Fed balance sheet and rising inflation may support Bitcoin in the long term. The whale's actions may not significantly impact Bitcoin traders. The overall market trends will likely influence Bitcoin's performance.

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