Order book data tracked by Liquid247.xyz showed a notable concentration of sell liquidity on Hyperliquid’s BTC perpetual market. At the $77,395 level, roughly 67.11 BTC in sell orders were posted, with a notional value of about $5.1937 million. The level sat near the market’s mid-price of around $77,393 at the time, implying an almost flat drawdown of 0.00%.
The broader near-touch order book on the same venue also leaned heavily to the sell side. Aggregate sell orders were about $16.9693 million, compared with roughly $2.7011 million in buy orders. That left net sell-side depth ahead by about $14.2682 million, accounting for 72.54% of total depth. The figures point to a clearly imbalanced near-term book structure in Hyperliquid’s BTC perpetual market at the time of the snapshot.
According to ChainCatcher, order book intelligence platform Liquid247.xyz tracked a sizable sell wall in Hyperliquid’s BTC perpetual market at the $77,395 level.
At that price, about 67.11 BTC in sell orders were posted, representing roughly $5.1937 million in notional value. The level was close to the market’s mid-price of around $77,393 at the time, with drawdown at about 0.00%.
On the same venue, aggregate sell orders in the nearby order book totaled about $16.9693 million, while buy orders stood at roughly $2.7011 million. Net sell-side depth exceeded the buy side by about $14.2682 million, accounting for 72.54% of total depth.
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