ChainCatcher reported that on-chain analyst @ai_9684xtpa tracked an address opening its first position on Hyperliquid, taking a 7x leveraged long on 121.23 BTC. The position was valued at $10.27 million at entry. Data shared by the analyst showed the entry price at $84,918.9, with the position currently sitting on a $20,000 loss. No further details about the address were disclosed in the update. The report focused on the size of the trade, the leverage used, and the unrealized loss at the time of monitoring.
According to ChainCatcher, on-chain analyst @ai_9684xtpa tracked an address opening its first position on Hyperliquid, taking a 7x leveraged long on 121.23 BTC valued at $10.27 million.
The analyst said the entry price was $84,918.9, and the position was showing a $20,000 loss at the time of monitoring.
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