Hyperliquid: $102M BTC Short Nears Liquidation

A wallet funded from OKX just two hours ago opened a 1.6K BTC short worth $102.86M at 40x leverage on Hyperliquid with entry at $64202.40 and liquidation at $64888.60, leaving the position with roughly $132K unrealized loss as BTC trades at $64418.81. On-chain analytics insights flag this fresh crypto leverage trading setup as one to watch for BTC short position liquidation risk. With price testing upper Bollinger resistance at $64595.44 while the MACD golden cross at 174.01 holds above EMA50 support at $63788.03 and RSI stays neutral at 60.08, any quick push higher would trigger the wipeout before a healthy retracement to the 200-EMA at $63661.9 develops, shaping near-term BTC price prediction models amid ongoing crypto market volatility.