Bitcoin longs on Hyperliquid are deeply underwater
November 13: A total of $1.32 billion in BTC long positions is currently open, involving 24,920 wallets and accounting for 67% of all BTC positions.
The average entry price for these longs is $75,565, while BTC is currently priced at $68,588, 9.2% below the average. The total unrealized loss on all BTC longs is $130 million.
95% of BTC longs are at a loss, with 40% having an entry price above $76,000.
The average liquidation price for these longs is $52,128. Estimates suggest that if BTC falls to $65,000, around $228 million in longs would be liquidated; at $60,000, that figure would rise to $427 million; and at $55,000, it would reach $647 million.
Over the past 24 hours, $258 million in BTC longs have already been liquidated on Hyperliquid.
November 13: A total of $1.32 billion in BTC long positions is currently open, involving 24,920 wallets and accounting for 67% of all BTC positions.
The average entry price for these longs is $75,565, while BTC is currently priced at $68,588, 9.2% below the average. The total unrealized loss on all BTC longs is $130 million.
95% of BTC longs are at a loss, with 40% having an entry price above $76,000.
The average liquidation price for these longs is $52,128. Estimates suggest that if BTC falls to $65,000, around $228 million in longs would be liquidated; at $60,000, that figure would rise to $427 million; and at $55,000, it would reach $647 million.
Over the past 24 hours, $258 million in BTC longs have already been liquidated on Hyperliquid.