🚨 A trader on the decentralized perpetual contracts platform Hyperliquid held a 1,205.30865 BTC long position, worth approximately $97.87 million, in isolated margin mode with 40x leverage, as of October 18 at 12:25 UTC. The position’s average entry price was $81,913.80, and its estimated liquidation price was $79,828. Bitcoin was trading at $81,117 on Bitstamp, just 1.59% above the liquidation threshold.
The account showed unrealized losses of approximately $866,500 and funding fees of $87,000, while its available margin had fallen to zero. Over the past seven days, the account had accumulated losses of approximately $9.7793 million, with a maximum drawdown of 78.77%.
$BTC
$ZEC
$HYPE
The account showed unrealized losses of approximately $866,500 and funding fees of $87,000, while its available margin had fallen to zero. Over the past seven days, the account had accumulated losses of approximately $9.7793 million, with a maximum drawdown of 78.77%.
$BTC
$ZEC
$HYPE