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AccountantsAlsoGetInto

6.2 BTC principal rolls over to a 30 million position, Hyperliquid's liquidity is indeed deep enough.

BTC-1.23%
HYPE5.59%
View Original
MarsBitNews
A whale closes its short and goes long without moving, and with 40x leverage, the long position is worth approximately $30.6 million in BTC.
According to Lookonchain monitoring, yesterday a whale deposited 6.2 BTC into Hyperliquid and sold, then opened a short position of approximately 10.66 million USD, holding 145.42 BTC. An hour ago, they closed the short with a profit of about 311.6k USD, then switched to a long position. Currently, they are using 40x leverage to long 416.6 BTC, with a position of approximately 30.6 million USD, setting a take profit at 74,400 USD. If triggered, the estimated profit is about 439k USD. The liquidation price is 72,430.3 USD.
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