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A $98 Million Bitcoin Long Bet on Hyperliquid Hangs by a Thin Thread

News.Bitcoin.com
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A $98 Million Bitcoin Long Bet on Hyperliquid Hangs by a Thin Thread

A bitcoin trader is staring down a potential $98 million liquidation after a punishing week wiped nearly $9.8 million from a Hyperliquid account. With 40x leverage and bitcoin’s price slipping toward $81,000, another sharp decline could finish the job. Hyperliquid Trader Risks $98 Million Bitcoin Liquidation A massive bitcoin long position on Hyperliquid is teetering […]

Key Takeaways

  1. A bitcoin trader is staring down a potential $98 million liquidation after a punishing week wiped nearly $9.8 million from a Hyperliquid account.
  2. With 40x leverage and bitcoin’s price slipping toward $81,000, another sharp decline could finish the job.
  3. Hyperliquid Trader Risks $98 Million Bitcoin Liquidation A massive bitcoin long position on Hyperliquid is teetering […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.