Anonymous trader VBVIT holds Hyperliquid's largest BTC unrealized profit position with a 1,376.07 BTC 25x short valued at $104 million and $4.89 million in floating gains plus $426,000 in funding fees.

Polymarket launches perps with 20x leverage on BTC at $80998.29, stocks and commodities alongside prediction markets.

Whale 0x854b9d63fad3a8bf6dd73debbf2fe193699c775e opens $38.7M 40x BTC long at $64469 with $259K unrealized loss and additional limit orders that could reach $70.11M total.

New 0xaeaa wallet deposits 6.68M USDC on Hyperliquid for 20x shorts worth $48M across BTC, SOL and ETH amid on-chain whale wallet tracking BTC ETH SOL shorts.

James Wynn reopens 12.57 BTC short at 40x leverage after full liquidation as BTC trades at $64392 with neutral RSI and bullish MACD.

Bitcoin DATs leverage debt at record rates as Charles Edwards flags unsustainable yield model, with BTC at $61455.82 on 4h chart.

James Wynn opens 2.72 BTC short with 40x leverage after full liquidation while BTC trades at $61287.5 inside Bollinger bands with EMA50 resistance at $64744.27.

According to @EmberCN, a whale or institution that previously earned $96.67M from ETH swing trades is gradually adding and now holds a 1,700 BTC long position valued at $156M. source: @EmberCN on X, Jan 7, 2026 The reported entry is $92,580 with a liquidation price at $84,526, and the position is currently showing an unrealized loss of $600,000. source: @EmberCN on X, Jan 7, 2026

According to @Excellion on X, his earlier post was satirical and the actual fine print he highlighted was a 4% annual capital fee on the highest borrowed amount, with 3% interest only for small loans and 5% for larger loans (source: @Excellion on X). According to @Excellion on X, Lava is marketing 5% loans plus an extra 2% capital fee, which can make total costs higher than standard loans once the extra fee is included (source: @Excellion on X). According to @Excellion on X, USD lending yields are generally 7–9% and most platforms lend at 9–12%, so sub-5% offers are likely promotional, size-limited, or riskier to sustain at scale (source: @Excellion on X). According to @Excellion on X, BTC-backed borrowers should not expect sustainable rates below the broader USD lending market because lenders will prefer 7–9% alternatives if available (source: @Excellion on X). According to @Excellion on X, the trading takeaway is that BTC borrowing costs are anchored by USD market rates, not headline 3–5% promos (source: @Excellion on X).