$130 million in unrealized losses, with 95% of BTC long positions on Hyperliquid underwater—after news like this, I look at large orders first, then the price.
My first impression isn’t great, but how much of an impact it has depends on whether selling pressure continues. Prices ultimately tend to move in the direction capital flows; the news is just a pretext.
$BTC , 24h -6.9%.
My first impression isn’t great, but how much of an impact it has depends on whether selling pressure continues. Prices ultimately tend to move in the direction capital flows; the news is just a pretext.
$BTC , 24h -6.9%.