According to monitoring by Mlm Onchain, Bitcoin longs on Hyperliquid are facing heavy losses. Currently, 24,920 wallets hold a total of $1.32 billion in open BTC long positions, accounting for 67% of all BTC positions. The average entry price for longs is $75,565, while BTC is currently trading at $68,588—9.2% below the average entry price. Total unrealized losses on all BTC long positions have reached $130 million.
The data shows that 95% of BTC longs are in the red, with 40% opened above $76,000. The average liquidation price for these longs is $52,128. However, estimates suggest that around $228 million in longs would be liquidated if BTC fell to $65,000; that figure would rise to $427 million at $60,000 and reach $647 million at $55,000. Over the past 24 hours, $258 million in BTC longs have already been liquidated on Hyperliquid.
The data shows that 95% of BTC longs are in the red, with 40% opened above $76,000. The average liquidation price for these longs is $52,128. However, estimates suggest that around $228 million in longs would be liquidated if BTC fell to $65,000; that figure would rise to $427 million at $60,000 and reach $647 million at $55,000. Over the past 24 hours, $258 million in BTC longs have already been liquidated on Hyperliquid.