Hyperliquid Whale: BTC Long Hits 1000 Coins at $62354
Hyperliquid whale opens 1000 BTC long at $62354 average after MicroStrategy sale, now $700k underwater with liquidation at $58109 amid bearish 4h structure.
SourceAnalysis
Hyperliquid trader @EmberCN tracked a whale who scaled a BTC long to 1000 coins at $62354 average price right after the MicroStrategy sale announcement, turning early profit into a $700k unrealized loss with liquidation now at $58109.
The position size reached $61.75 million notional on Hyperliquid BTC perpetuals, highlighting classic Hyperliquid BTC perpetuals whale liquidation risks as leverage climbed with each add.
Price sits at $61373.57 on the 4h chart inside a bearish trend with EMA50 at $61793.43 acting as immediate resistance and EMA200 at $64371.65 capping upside; MACD death cross at 375.73 confirms momentum loss while RSI at 41.86 stays neutral and price tests the lower Bollinger band support near $61639.37, suggesting any bounce attempt will likely stall before retesting the $62354 entry zone.
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@EmberCNAnalyst about On-chain Analysis