HL whale’s BTC position with 20x leverage is worth $32.01 million

A Hyperliquid whale holds a $32.01M BTC long position with 20x leverage, currently facing a $3.04M floating loss with a liquidation price of $46,495.

The Hyperliquid whale holds long positions in BTC with 20x leverage, holding assets worth $32.01 million. The entry price was $70,106.20, while the current marked price is $64,014.00, resulting in a floating loss of $3.04 million. The liquidation price for these positions is $46,495.95, indicating a high level of risk due to the substantial floating loss. Recent news: Galaxy Digital transferred 600 BTC to Binance; BlackRock transferred BTC and ETH worth over $77.8 million to Coinbase.