HL Whale’s BTC position with 40x leverage amounts to $100 million

A Hyperliquid whale holds a $100M 40x leveraged BTC position, currently floating $413k in losses with a liquidation price of $64,888.

The Hyperliquid whale holds a BTC position with 40x leverage, valued at $102,310,400.0. The entry price was 64,202.4, while the current marked price is 63,951.0, resulting in a floating loss of $413,577.0796. Since the entry price is higher than the marked price, the position is in a state of floating loss, with a liquidation price of 64,888.5645. Recent news: Hyperliquid is currently short selling 1,600 BTC using 40x leverage; the probability of the Polymarket Bitcoin price breaking through $64,000 by August 5 has dropped sharply; the net inflow of BTC in exchanges has increased by 0.16%, so watch out for selling pressure.