According to The Data Nerd, a prominent whale has opened two significant leveraged long positions on Hyperliquid: a 40x leveraged long on Bitcoin ($BTC) and a 10x leveraged long on Pepe ($PEPE), currently showing unrealized profits of approximately $11.65 million and $11.1 million respectively. The whale’s high-risk $BTC position has a liquidation price set at $100,360, highlighting a critical level for traders to monitor for potential market volatility. These aggressive leveraged trades underscore strong bullish sentiment and may influence both $BTC and $PEPE price action in the short term. Source: The Data Nerd (@OnchainDataNerd) via Twitter, May 21, 2025.