Hyperliquid: Wallet Opens 20x Longs on 600 BTC

Hyperliquid recorded a fresh wallet (0xa314) deposit 8M USDC to open 20x leveraged longs on 600 BTC ($46.92M) and 10,000 ETH ($24.85M).

With BTC price at $78517.41 inside the Bollinger band and testing upper resistance at $78658.34 while RSI(14) hits 71.5 overbought, a healthy retracement toward the EMA50 support at $72595.38 looks probable before continuation despite the bullish EMA structure above the EMA200 at $67077.09 and the MACD death cross at 1812.96; traders tracking BTC price prediction now weigh this whale flow against short-term volatility exhaustion.