A newly created wallet has opened a 54.1 BTC long position on Hyperliquid, according to a post cited by Techub News from on-chain tracker @OnchainLens. The position is valued at about $4.42 million and uses 40x leverage, making it a highly leveraged directional bet on Bitcoin.
The reported entry price for the trade was $81,778.6, while the liquidation price was listed at $80,819.1. At the time of the update, the position was showing an unrealized loss of $1,200. No additional details were provided about the wallet owner or the timing of the trade beyond the on-chain observation referenced in the report.
A newly created wallet opened a 54.1 BTC long position on Hyperliquid, according to Techub News, which cited a post from @OnchainLens.
The position was valued at about $4.42 million and used 40x leverage. The reported entry price was $81,778.6, with liquidation set at $80,819.1. At the time of the post, the trade was showing an unrealized loss of $1,200.
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