Markets· ★★· bearish·

Hyperliquid wallet expands BTC long to 486.6 coins with $724K unrealized loss

  • —Position increased by 311.65 BTC to a total of 486.6 coins
  • —Total notional value of the position is $41.11 million
  • —Average entry price $85,974 versus mark price $84,486
  • —Unrealized loss stands at $724,100
Why it matters: A large losing long shows some traders are averaging down, raising liquidation risk if BTC keeps falling.
#BTC
Source: TokenPost
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