HL whale holds 120 million USD worth of BTC with 30x leverage

A Hyperliquid whale holds a $120M 30x BTC position with a $230k floating loss and a liquidation price of $64,862. Macro data shows record-high US Treasury yields and increased on-chain volatility risks.

A Hyperliquid whale holds a BTC position with 30x leverage, valued at $120 million. The entry price was $63,991.00, while the current marked price is $64,091.00, resulting in a floating loss of $230,000. The liquidation price for this position is $64,862.35, indicating there is still some margin from the current marked price. Recent news: The yield on U.S. 30-year Treasury bonds rose to 5.27%, hitting a new high since 2026; Glassnode’s Volatility Value Trap score reached a 3.5-year high; Bitcoin exchange balances have climbed to their highest level since mid-June.