🔍 Analysis: Long BTC positions on Hyperliquid are facing major risks!
On-chain data shows that a large number of traders are "holding on" despite steep losses:
📍 Long positions: $1.32 billion (67% of total positions)
📍 Average entry price: $75,565
📍 Unrealized losses: $130 million
📍 Loss rate: 95% of Long positions are currently unprofitable
Notably, even a slight "crash" to around $65,000 could trigger a wave of liquidations totaling up to $228 million. If BTC continues sliding to $60,000 or $55,000, that figure will surge to $427 million and $647 million, respectively.
A closer look: The fact that 95% of Long positions are losing money points to traders' excessive optimism as they chase higher prices. When the market corrects, these positions become "easy prey" for liquidation sweeps, potentially creating a domino effect that pushes prices lower than expected. Be cautious with leverage right now.
👉 Information to guide your way — Follow [Channel](https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1)
#CryptoMarket #Trading #Crypto #BTC #Bitcoin $HYPE
On-chain data shows that a large number of traders are "holding on" despite steep losses:
📍 Long positions: $1.32 billion (67% of total positions)
📍 Average entry price: $75,565
📍 Unrealized losses: $130 million
📍 Loss rate: 95% of Long positions are currently unprofitable
Notably, even a slight "crash" to around $65,000 could trigger a wave of liquidations totaling up to $228 million. If BTC continues sliding to $60,000 or $55,000, that figure will surge to $427 million and $647 million, respectively.
A closer look: The fact that 95% of Long positions are losing money points to traders' excessive optimism as they chase higher prices. When the market corrects, these positions become "easy prey" for liquidation sweeps, potentially creating a domino effect that pushes prices lower than expected. Be cautious with leverage right now.
👉 Information to guide your way — Follow [Channel](https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1)
#CryptoMarket #Trading #Crypto #BTC #Bitcoin $HYPE