Hyperliquid Trader Risks $98 Million Bitcoin Liquidation
A massive bitcoin long position on Hyperliquid is teetering dangerously close to liquidation, with its owner controlling 1,205.30865 $BTC worth approximately $97.87 million. The position carries 40x isolated leverage, leaving precious little room for another market stumble.
The trader entered at an average bitcoin price of $81,913.80, but bitcoin’s retreat has already inflicted an unrealized loss of $866,467.24, translating into a negative 30.4% return on equity (ROE). Worse still, the position’s estimated liquidation price sits at $79,828.
