<ul><li>An unknown large market participant opens long positions for bitcoin worth over $393 million with an average price of $103,083 on Hyperliquid exchange.</li><li>The whale doubled down on the position, capitalizing on a price drop below $103,000, leading to an unrealized profit of $3.3 million as BTC's current price nears $104,000.</li><li>Recent cases of mysterious whales making significant plays on Hyperliquid have caught the crypto community's attention, with past instances involving large short positions and allegations of market manipulation.</li><li>In one earlier case, a UK individual, William Parker, was linked to opening multi-million-dollar positions using high leverage and profiting millions, raising concerns about market manipulation.</li></ul>

Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position

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