On Hyperliquid, two 40x shorts on Bitcoin were opened with volumes of more than $100 million each
On the Hyperliquid platform, two of the largest open positions have appeared—both are 40x leveraged shorts on Bitcoin. Their volumes are approximately $114 million and $100 million, respectively.
The first position was opened at a price of $63,999 with a liquidation level of $64,104; the second was opened at $64,039 with liquidation at $64,579.
These are the only open positions in both traders’ wallets and also the two largest positions on the entire platform by notional volume. Each of the address balances holds more than $2 million in USDC.
To open the positions, the traders used about $5.4 million of their own funds. Both trades are opened with cross-margin, meaning the entire account balance is used as collateral—not just the funds allocated to a specific position.
On the Hyperliquid platform, two of the largest open positions have appeared—both are 40x leveraged shorts on Bitcoin. Their volumes are approximately $114 million and $100 million, respectively.
The first position was opened at a price of $63,999 with a liquidation level of $64,104; the second was opened at $64,039 with liquidation at $64,579.
These are the only open positions in both traders’ wallets and also the two largest positions on the entire platform by notional volume. Each of the address balances holds more than $2 million in USDC.
To open the positions, the traders used about $5.4 million of their own funds. Both trades are opened with cross-margin, meaning the entire account balance is used as collateral—not just the funds allocated to a specific position.