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Home » Hyperliquid trader ‘Tether FUD’ leverages 40X to short bitcoin

Coinbase

Hyperliquid trader ‘Tether FUD’ leverages 40X to short bitcoin

By John SmithAugust 4, 20261 Min Read

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Tether FUD, a trader on the Hyperliquid perpetual futures exchange trader, took on 40X leverage to bet that bitcoin’s price would crash.

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How much pain can Strategy take before debt exceeds bitcoin?

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How much pain can Strategy take before debt exceeds bitcoin?

Strategy (MSTR) owes $8.2 billion to creditors. Bitcoin needs to stay above a certain price…

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