A whale address has opened its first position on Hyperliquid, placing a leveraged bet on a Bitcoin rebound, according to on-chain analyst Ai Yi (@ai_9684xtpa). The address, 0x799…15f4c, opened a 121.23 BTC long earlier on Oct. 4 with 7x leverage. The position was valued at about $10.27 million at entry.
Ai Yi said the average entry price was $84,918.9. At the time of the update, the position was showing an unrealized loss of about $20,000. The post described the trade as the address’s first position opened on Hyperliquid.
No additional details were provided in the source about the trader’s broader portfolio, liquidation level, or whether the position had been adjusted after entry.
A whale address opened its first position on Hyperliquid and used 7x leverage to bet on a rebound in Bitcoin, according to on-chain analyst Ai Yi (@ai_9684xtpa).
The address, 0x799…15f4c, opened a 121.23 BTC long earlier on Oct. 4. The position was worth about $10.27 million, with an average entry price of $84,918.9. At the time of the update, it was showing an unrealized loss of about $20,000.
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