BlockBeats reports that Lookonchain's on-chain monitoring flagged an address on August 13. The address created a new wallet, deposited $153,000 into Hyperliquid, and then opened a long position of 97.92 BTC with 40x leverage. That position is worth roughly $6.22 million. The monitoring data also shows the liquidation price stands at $62,825.14. The details were shared via Lookonchain's monitoring feed and relayed by BlockBeats. No further information is available about the address or where the funds came from.
BlockBeats reports that on August 13, Lookonchain flagged a new wallet that deposited $153,000 into Hyperliquid and went long 97.92 BTC using 40x leverage. The resulting position carries a value of approximately $6.22 million.
According to the monitoring data, the liquidation price for this trade is $62,825.14.
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