Trader's $105M 20x BTC long nets just $176K after $2.44M paper gain
- —$105.39M BTC long opened over two days with 20x leverage on Hyperliquid
- —Peak unrealized gain hit $2.44M at BTC $87,200
- —Position closed after 10-year Treasury yields reached 5%
- —Final realized profit was $176,600
Why it matters: A case study in leverage risk: rising Treasury yields erased most of a profitable BTC position.
Source: PANews