The post BTC Whales on Hyperliquid Use 40x Leverage: $1.03 Billion Long Positions Amid Shorting Gambler appeared on BitcoinEthereumNews.com.

On May 21st, an analysis by Lookonchain revealed significant trading activity on the decentralized exchange Hyperliquid, with three major whales employing a staggering 40x leverage to position themselves long on Bitcoin (BTC). Collectively, their long positions total approximately $1.03 billion. In contrast, a separate trader is utilizing the same leverage to short Bitcoin, with a notable position of $88 million. Details of the whale transactions are as follows: Whale 0x5078, who entered at approximately $105,033.4, has realized a profit of about $12.66 million, with a liquidation threshold set at $100,350. Whale 0xc653 took a position at $106,901.2 but is currently at a loss of $21.6 thousand, facing liquidation at $93,560. The third whale, 0x46e3, is similarly positioned and reports a minor loss of $30.2 thousand with liquidation set at $100,430. Meanwhile, the short seller, identified as 0x51d9, is benefitting from his entry price of $107,091.9, showing a profit of $29.1 thousand and a liquidation price at $108,500. Source: https://en.coinotag.com/breakingnews/btc-whales-on-hyperliquid-use-40x-leverage-1-03-billion-long-positions-amid-shorting-gambler/

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Filed under: News - @ May 21, 2025 5:19 am