CryptoWorld News reports that an on-chain analyst, AI姨, has reported that another trader chose to go long on 1,100 BTC this morning. Address 0x7c4...8e00b currently holds a 40x leverage long position with BTC worth $70.6 million. The entry price is $64,509, and the position currently has an unrealized loss of $383k, making it the second-largest position in HyperLiquid BTC.

BTC-1.62%
HYPE-2.78%
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GateUser-c25a653c
· 3h ago
Second largest position +40x, this either becomes legendary or goes to zero
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StakingLibrarian
· 4h ago
HyperLiquid, this guy is probably watching the market and can't sleep now. A floating loss of $380k is still manageable against a principal of $70.6 million, but with 40x leverage, a 1% price fluctuation is a $2.8 million move, leaving very little room for holding positions.
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GateUser-35b998a0
· 4h ago
40x leverage, this is leaving your life in the hands of the market.
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Mirror-FinishTeacupWith
· 4h ago
64k5 opening position is currently at a floating loss; if it drops further and hits the stop-loss, it will be directly liquidated.
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