This trade is seriously lucky to have survived. 😂
Just now, BTC-USDC perpetuals on Hyperliquid surged to a high of $84,000, while that whale’s 40x BTC short had a liquidation price of around $84,024.97.
In other words, based on Hyperliquid’s own execution price:
At one point, it was only about $25 away from liquidation.
The whale currently has roughly:
* Short position: 296.88 BTC
* Notional value: about $24.9 million
* Leverage: 40x cross margin
* Entry price: about $83,012.7
* Liquidation price: about $84,024.97
The craziest part is that BTC already touched $84,000, and the position still didn’t get liquidated.
However, keep in mind that Hyperliquid triggers liquidations based on the Mark Price, not simply the highest traded price shown on the candlestick chart.
So, more accurately:
This position hasn’t been liquidated yet—it was just about $25 away from the liquidation line.
A $24.9 million, 40x short,
held on by the skin of its teeth at the edge of a cliff.
Trading a position like this really takes nerves of steel. 😂
$BTC $BNB $ZEC
Just now, BTC-USDC perpetuals on Hyperliquid surged to a high of $84,000, while that whale’s 40x BTC short had a liquidation price of around $84,024.97.
In other words, based on Hyperliquid’s own execution price:
At one point, it was only about $25 away from liquidation.
The whale currently has roughly:
* Short position: 296.88 BTC
* Notional value: about $24.9 million
* Leverage: 40x cross margin
* Entry price: about $83,012.7
* Liquidation price: about $84,024.97
The craziest part is that BTC already touched $84,000, and the position still didn’t get liquidated.
However, keep in mind that Hyperliquid triggers liquidations based on the Mark Price, not simply the highest traded price shown on the candlestick chart.
So, more accurately:
This position hasn’t been liquidated yet—it was just about $25 away from the liquidation line.
A $24.9 million, 40x short,
held on by the skin of its teeth at the edge of a cliff.
Trading a position like this really takes nerves of steel. 😂
$BTC $BNB $ZEC