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Hyperliquid Whale Holds $32.36 Million Bitcoin Short at 13x Leverage

Hyperliquid Whale Holds $32.36 Million Bitcoin Short at 13x Leverage

Photo: TokenPost

A whale on Hyperliquid holds a $32.36 million short position in Bitcoin (BTC), using 13x leverage as the cryptocurrency market approaches the anniversary of a major liquidation event. The position covers 391.48 BTC at an average entry price of $82,863.10. It uses cross margin and has a liquidation price of $99,801.20, while the account has $7.19 million in equity. As of 3:46 a.m. ET (07:46 UTC) on Oct. 10, the position was showing an unrealized profit of about $75,500. Funding fees totaled $64,249.75.

Source: TokenPost

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