According to on-chain analyst Ai Yi, a wallet opened a 20x leveraged Bitcoin long worth $38.07 million on Hyperliquid at around 8:30 this morning. The position has become one of the platform’s top six BTC positions by size. The address is currently holding 600 BTC, with an entry price of $63,476. The trader also set predefined take-profit and stop-loss levels: take profit on 200 BTC if Bitcoin rises to $65,000, take profit on another 100 BTC at $66,000, and cut 200 BTC if the price falls to $60,000. No further identity details about the address were disclosed in the original report.
Odaily reported that, according to monitoring by on-chain analyst Ai Yi, an address opened a $38.07 million 20x leveraged BTC long on Hyperliquid at around 8:30 this morning. The position has entered the platform’s BTC TOP 6 by size. The address is currently holding 600 BTC, and the entry price was set at $63,476.
Predefined take-profit and stop-loss levels
The address also set staged exit levels for the position. If BTC rises to $65,000, the trader will take profit on 200 BTC. If the price reaches $66,000, another 100 BTC will be sold for profit. On the downside, if BTC falls to $60,000, the position will stop out 200 BTC. The original report focused on the size of the trade, leverage, and the preset trading levels, and did not disclose additional identity details about the address.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
