Hyperliquid: Trader Opens $43.68M BTC ETH Longs
Hyperliquid trader opens $43.68M longs in 400.88 BTC at 40x and 10K ETH at 25x despite -$1.95M lifetime PnL as BTC holds $62686.8.
SourceAnalysis
Hyperliquid saw a trader open $43.68M in leveraged longs with 400.88 BTC (~$25.16M) at 40x and 10K ETH (~$18.51M) at 25x in the past hour, posting $193.3K unrealized PnL against a -$1.95M lifetime record on the perpetuals exchange known for large whale positions.
BTC price prediction models must now factor the bearish trend at $62686.8 where price sits below EMA50 resistance at $63704.33 and EMA200 at $63721.15 with MACD death cross at -278.94; the position tests inside Bollinger bands and faces lower support at $62313.17 before any bounce, echoing recent patterns of negative-PnL traders adding crypto perps exposure ahead of potential crypto market crash volatility.
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