What happened to the $42 million Bitcoin trading position on Hyperliquid? The Bitcoin position with 40x leverage was partially liquidated on the decentralized perpetual contract exchange Hyperliquid after BTC dropped below $66,000. What is the current liquidation price for the Bitcoin whale on Hyperliquid? The latest trader liquidation level is $65,394, meaning that a roughly 1.2% drop in BTC from $66,237 (the current BTC prices at 2 PM Eastern Time) could trigger another liquidation. #btc
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Frequently Asked Questions
What happened to the $42 million Bitcoin trading position on Hyperliquid? The Bitcoin position with 40x leverage was partially liquidated on the decentralized perpetual contract exchange Hyperliquid after BTC dropped below $66,000.
What is the current liquidation price for the Bitcoin whale on Hyperliquid? The latest trader liquidation level is $65,394, meaning that a roughly 1.2% drop in BTC from $66,237 (the current BTC prices at 2 PM Eastern Time) could trigger another liquidation.
#btc