According to @OnchainLens, a newly created wallet deposited $3.448M USDC into HyperLiquid and opened a BTC short with 20x leverage. According to @OnchainLens, the short position is valued at $38.6M with an entry price of $86,373.6 and a liquidation price of $92,885.8. Based on the levels reported by @OnchainLens, the liquidation threshold sits roughly 7.5% above the entry, marking $92,885.8 as a key upside risk level for BTC short-term traders. Using the data from @OnchainLens, traders can monitor BTC price action around $86,373.6 (entry) and $92,885.8 (liquidation) on HyperLiquid for potential position stress.