According to @lookonchain on X, BTC broke above $122,000 and whale address 0x5D2F deposited $6M USDC into Hyperliquid to avoid liquidation. @lookonchain reports the position is 1,266.84 BTC with notional about $154M, a liquidation price of $127,780, and a current loss of $12.5M. Hypurrscan, referenced by @lookonchain, lists the 0x5D2F Hyperliquid position and margin activity for real-time tracking. Based on figures published by @lookonchain, the $6M USDC deposit equals roughly 3.9% of the reported $154M position size. @lookonchain highlights $122,000 as the breakout level and $127,780 as the liquidation trigger for this address, which are key prices traders are monitoring.

According to @lookonchain, BTC broke above 122,000 USD as whale address 0x5D2F deposited 6 million USDC into Hyperliquid to avoid liquidation; the address holds a 1,266.84 BTC position (~154 million USD) with a stated liquidation price of 127,780 USD and an unrealized loss of 12.5 million USD (source: @lookonchain on X; Hypurrscan address data). The 127,780 USD level marks the liquidation threshold for this large position on Hyperliquid and is the key risk level cited for address 0x5D2F (source: @lookonchain on X; Hypurrscan).