A $98 Million Bitcoin Long Bet on Hyperliquid Hangs by a Thin Thread

A bitcoin trader is staring down a potential $98 million liquidation after a punishing week wiped nearly $9.8 million from a Hyperliquid account. With 40x leverage and bitcoin’s price slipping toward $81,000, another sharp decline could finish the job. Hyperliquid Trader Risks $98 Million Bitcoin Liquidation A massive bitcoin long position on Hyperliquid is teetering […]