Hyperliquid Trader: Maintains BTC Short After $881K Losses
OnchainLens reports a Hyperliquid trader lost roughly $881K from over $52.5M in liquidations over seven days yet still holds a 40x leveraged Bitcoin short worth $5.54M with liquidation only 0.27% away.
SourceAnalysis
OnchainLens flagged a persistent Hyperliquid trader who absorbed more than $52.5M in liquidated exposure across the past week, booking cumulative losses near $881K. The wallet now carries a fresh 40x leveraged BTC short valued at $5.54M, with unrealized PnL at -$149.6K and liquidation sitting just 0.27 percent higher.
At $78181.47, price trades beneath the EMA50 at $78477.69 inside a bearish structure defined by the EMA200 at $80821.8, yet the MACD golden cross at -314.59 hints at building upside momentum. With the market pressing the upper Bollinger Band at $78772.91 while RSI holds neutral at 53.33, any quick breach of that resistance would likely trigger the trader’s liquidation before the lower band support at $76454.71 comes back into play.
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