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CoinbaseHyperliquid trader ‘Tether FUD’ leverages 40X to short bitcoin
Coinbase

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

Claire Knox
By Claire Knox

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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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Claire Knox
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