$BTC At 10:52 this morning, BTC fell below the 70,000 mark for the first time since August 20. At that same minute, a long position on Hyperliquid was forcibly liquidated by the system for the 10th time.
The address 0x01e2 opened a 40x leveraged long at an average entry price of 74,597. At 22:21 last night, it still held about 549 BTC.
Since then, each time the price fell by about $200, the system cut 20% of the position: 4 liquidations were triggered last night and 6 more this morning, for about 490 BTC forcibly liquidated in total, with actual losses of about $1.62 million.
The position now