Hyperliquid’s whale holding in BTC exceeds $76.2 million

A Hyperliquid whale holds $76.2M in 20x BTC longs with $1.1M unrealized profit, despite the current price being below the entry point.

Hyperliquid’s whale holds long positions in BTC worth $76.2 million, using 20x leverage. The entry price was $64,418.50, while the current marked price is $63,491.00, resulting in a profit of $1.1 million. Since the marked price is lower than the entry price, although there is a profit, the position is exposed to downward risks. The liquidation price is set at $66,037.07. Recent news: The whale transferred $129.1 million worth of BTC to the exchange, triggering a sell pressure alert.