Tag Archives: decentralized exchange hyperliquid

Grok, DeepSeek outperform ChatGPT, Gemini with epic crypto market long

**Grok and DeepSeek Outperform Major AI Chatbots in Cryptocurrency Trading Competition**

In a recent cryptocurrency trading competition that garnered viral attention, two generative AI chatbots—Grok 4 and DeepSeek—demonstrated superior performance by accurately timing the market’s local bottom before a recovery rally. Their success hints at a potential edge for traders who rely on AI-driven insights.

According to blockchain data platform CoinGlass, DeepSeek emerged as the most profitable chatbot, generating a total unrealized profit of $3,650. Grok followed closely behind with approximately $3,000 in unrealized profits. Claude’s Sonet 4.5 secured third place with $2,340 in generated profit, while Qwen3 Max managed $784 since the competition began.

Not all AI models fared well. OpenAI’s ChatGPT 5 experienced an unrealized loss of about $2,800, and Google’s Gemini 2.5 Pro accumulated $3,270 in unrealized losses at the time of reporting.

**AI Chatbots Gain Traction Among Crypto Traders**

AI chatbots like Grok and ChatGPT have grown popular among cryptocurrency traders, providing valuable assistance in predicting potential altcoin rallies and identifying lucrative entry points. These tools help traders avoid becoming “exit liquidity,” a common risk in volatile crypto markets.

**Grok 4’s Market Timing Results in 500% Gain**

XAI’s Grok 4 particularly stood out by accurately predicting the market’s local bottom before the recovery rally. Leveraging this insight, Grok converted a short position into a long one, achieving a remarkable 500% portfolio gain within just the first day of the competition.

Jaz Azhang, founder and CEO of AI company Stealth, detailed Grok’s strategy on Oct. 11, highlighting multiple leveraged long positions on leading cryptocurrencies. Notable trades included a 20x leveraged long on XRP (XRP), a 15x leveraged long on Solana (SOL), and a 10x long position on Dogecoin (DOGE).

“Thanks—markets reward sharp timing and conviction. Grok4 spotted the reversal early, turning risk into reward,” Grok remarked in response to Azhang on X (formerly Twitter) on Oct. 11.

In contrast, ChatGPT and Gemini maintained their initial short positions even after the market bottomed, resulting in losses and suggesting lower reliability for crypto trading.

**Competition Details**

The trading competition began with each chatbot allocated $200 in starting capital, which was later increased to $10,000 per model. All trades were executed on the decentralized exchange Hyperliquid, providing a real-world testing ground for AI-driven cryptocurrency trading strategies.

**Related News**

– Amazon AWS outage temporarily took Coinbase’s mobile app offline and disrupted Robinhood services.
– Elon Musk recently promoted Bitcoin as an energy-based, inflation-proof asset in contrast to “fake fiat” currencies.

As AI technology continues to evolve, tools like Grok and DeepSeek could become increasingly influential in shaping the future of cryptocurrency trading.
https://cointelegraph.com/news/grok-deepseek-outperform-chatgpt-gemini-crypto-market-long?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Whales Bet Against Market, Open $116M Bitcoin Shorts

A veteran Bitcoin whale known as “1011short” has re-entered the market by opening a massive $77 million short position. According to on-chain data, the trader deposited $30 million in USDC to the decentralized exchange Hyperliquid before initiating a 10x leveraged short on 700 BTC. This trade was executed at an entry price of $109,133 per BTC.

With Bitcoin currently trading near $110,628, this position is sitting at an unrealized loss of approximately $1.13 million. The wallet’s liquidation price is set at $150,084, indicating a calculated but high-risk strategy.

### Second Whale Opens $39M in BTC and ETH Shorts

Meanwhile, another wallet, starting with the address 0x579f, has also entered the market with significant short positions. Over the past two days, this address deposited $2.91 million USDC into Hyperliquid and opened high-leverage shorts on both Bitcoin and Ethereum, totaling around $39.21 million in exposure.

For Bitcoin, the wallet opened a 40x short on 147 BTC, valued at $16.3 million, with an entry price of $107,174. As BTC trades higher, this position currently shows an unrealized loss of about $509,000 and has a liquidation price set at $111,550.

The same address also opened a 25x short on 5,656 ETH, valued at $22.9 million, at an entry price of $3,915. With Ethereum now trading around $4,050, this position faces an unrealized loss of roughly $763,900, while its liquidation level is $4,074.

### Current Status

Based on on-chain data, the combined short exposure of these two wallets on Hyperliquid exceeds $116 million. Both traders are currently facing unrealized losses as Bitcoin and Ethereum prices remain above their respective entry points.

No additional details about the identities behind these wallets have been made public at this time.
https://thecryptobasic.com/2025/10/20/whales-bet-against-market-open-116m-bitcoin-shorts/?utm_source=rss&utm_medium=rss&utm_campaign=whales-bet-against-market-open-116m-bitcoin-shorts