According to @lookonchain, whale address 0x8d0E opened a 20x long totaling 300 BTC (about $28.7M) on Hyperliquid over the past two hours, with a stated liquidation price at $60,424.6; source: @lookonchain on X and the Hyperdash trader page. The address shows cumulative realized losses of $6.35M from prior Hyperliquid trades, highlighting a negative track record; source: @lookonchain on X and the Hyperdash trader page. For trade risk management, the key downside level to monitor is $60,424.6 where this leveraged position would be liquidated on Hyperliquid, marking a clear forced-close threshold; source: @lookonchain on X and the Hyperdash trader page.