Whale Activity on Hyperliquid: Profits Soar Following $BERA Mainnet Launch

The awaited mainnet launch of @berachain took place yesterday and has caused quite the stir in the crypto markets. The launch has sparked a flurry of $BERA claims, but possibly more interesting is the surge in whale activity, with some large investors making quite the scene on platforms like Hyperliquid. One whale, for instance, managed to turn a profit of $589,000 by shorting $BERA, which is a pretty clear sign of the kind of speed and volatility we’re witnessing in the markets post-listing. After $BERA was listed, a whale made a profit of $589K by shorting $BERA in less than 2 hours. He deposited 1.6M $USDC to #Hyperliquid 16 hours ago and shorted $BERA at ~$13. Then he closed the short position and withdrew 2.19M $USDC , making a profit of $589K.… pic.twitter.com/2pN3jaN12t — Lookonchain (@lookonchain) February 7, 2025 The $BERA launch was one of the most discussed recent events in decentralized finance (DeFi). As trading got underway for the new token, the market reacted with some immediate volatility—one that, as is often the case, several large traders took advantage of. Coming just days after the market’s overall mood had shifted toward bearish, we were led to believe by the trading action that $BERA might, at least for a little while, operate in a counter-trend manner and deliver some quick profits—some of which were booked by a whale who managed to make a profit of $589K in under two hours. Whale Shorting Strategy Yields Quick Profit on Hyperliquid The most notable action occurred when a whale moved 1.6 million USDC into Hyperliquid 16 hours ago to short $BERA at about $13 per token. Within just two hours, the whale had closed the short position and withdrawn 2.19 million USDC from the platform, netting a profit of $589,000. This incident shows that traders with the right strategy (and access to liquidity) can really capitalize on the short-term market movement after a new token listing. The success of the whale shows how liquid and levered platforms like Hyperliquid are for crypto traders. When the whale trades, it’s using a platform most traders can only dream of—a platform on which you can still make big trades without moving the market. That’s the kind of platform that crypto needs, and not for just one or two tokens. Otherwise, the timing of the whale’s trades might be the only thing we’re left to discuss when it comes to the trades being made on Hyperliquid. This event of shorting not only highlights the shorting of $BERA but also the more general problem, as we see it, with emerging exchanges like Hyperliquid. The exchange is increasingly popular with retail and even institutional investors. Its two main young selling points are its supposed ease of use and its liquidity, but if you are an investor (or even if you are just interested in the crypto space), it should concern you that both of these main selling points can be seen as red flags. The whale made a big profit shorting $BERA, but it only took 30 minutes for another major player to step in. About half an hour ago, a different whale went long on $BERA, depositing 2.5 million USDC into Hyperliquid for the occasion. This whale is most definitely not a $BERA bear. If anything, it seems like the confidence in $BERA from the $BERA whales might be picking up after its volatile debut, even if it is on the borderline of being a confidence scheme. A whale deposited 2.5M $USDC into #Hyperliquid to go long on $BERA 30 minutes ago. https://t.co/VufzUD1JTA pic.twitter.com/cA4VEpNjJN — Lookonchain (@lookonchain) February 7, 2025 Liquidity Dominance: Top Exchanges for $BERA When trading starts for the $BERA token, the leading exchanges by balance indicate where the most trading is taking place. The top three exchanges by balance are: 1. Bybit 2. Bitget 3. Gate.io The liquidity and market depth of $BERA, which is now traded primarily on these exchanges, have grown significantly since its inception. The presence of futures and spot markets, with accompanying advanced order types, has allowed for both retail and large-scale traders to exert quite a bit of influence on $BERA, with the path of least resistance for its price tending to be upward. Increasingly so, $BERA has been trending not just in price but in popularity among traders, to the point where eyes are beginning to turn toward the very real possibility of it becoming the next big moonshot. Bybit, Bitget, and Gate.io are the leaders in the space—at least at the moment. They each offer unique features that cater to different trader preferences. For my money, they are the three best platforms to use if you’re seeking to make a profit from $BERA’s, or just about any cryptocurrency’s, market swings. That said, I also wouldn’t mind rifling through the order books of Binance or KuCoin to see where either of them stands in the $BERA trading competition. And while I do that, I might try and spot Tether, which does have the advantage of being the biggest stablecoin by a long shot, all $83 billion of its market cap. In case you`ve been hibernating in a cave, @berachain `s mainnet went live yesterday, and $BERA claims have been rolling in. Who’s making moves? Let’s take a look: pic.twitter.com/5HD8qbrvSy — Nansen (@nansen_ai) February 7, 2025 Looking Ahead: $BERA’s Future in the DeFi Space The crypto community is taking notice of the $BERA token. Despite being mostly found under the radar, the $BERA token is currently the top-decentralized (DeFi) market in which to trade because that’s where all the liquidity is. Even though the $BERA token seems to not have much liquidity, it has enough whale trading activity to make it a near-essential decentralized market in which to trade $BERA. The trading of $BERA isn’t super straightforward or easy, but platforms like Hyperliquid and other key decentralized exchanges are mostly how traders trading $BERA can trade $BERA, period. In the previous 24 hours, the market for $BERA has begun to attract some big players, as evidenced by the activity we’ve seen with shorting and going long with the stock. These folks clearly understand the value of making quick, tactical moves. And while their presence could lead to further volatility for $BERA in the near term, that also creates an environment ripe with opportunity for anyone well-positioned to take advantage of what’s happening in the stock. In the end, the direction of $BERA will depend on the token’s evolution within the larger DeFi ecosystem, on its utility, and on the ongoing provision of liquidity by top-tier exchanges such as Bybit, Bitget, and Gate.io. What is abundantly clear, though, is that the launch of $BERA has set the crypto world abuzz, with heavy-hitting investors poised to capitalize on every move the market makes. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: kfifa/ 123RF // Image Effects by Colorcinch

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