Hyperliquid wallet holds 20x long on 250 BTC with 451.8% unrealized gain
- —Position of 250 BTC is valued at roughly $20.69 million
- —Average entry price $67,524.6 versus mark price $82,776.9
- —Unrealized profit about $3.81 million, a 451.8% return on margin
- —Wallet previously held about 309 BTC at an average price of $79,792
Why it matters: A large high-leverage long shows some traders are betting on further BTC upside, though the gain is not locked in until the position is closed.
Source: TokenPost