Bitcoin options data shows 31,000 contracts expired at $61,000 max pain with $1.9B notional as price holds $61,735 on 4h chart.

According to @ai_9684xtpa, a top long position on Hyperliquid holding 731.73 BTC with a 40x leverage is at risk of liquidation. The position, opened at $71,441 with a liquidation price of $70,200, is currently facing an unrealized loss of $375,000. Despite this, the address has been actively trading BTC contracts since March, achieving a cumulative profit of $644,000 through both long and short strategies.