Whale Shorts 60.3 BTC with 40x Leverage on Hyperliquid, Liquidation Line Just $1,000 Away on May 8

BTC-1.66%

According to Hyperinsight monitoring, a whale opened a 40x leveraged short position of 60.3 BTC on Hyperliquid today (May 8), valued at approximately $4.8 million with an average entry price of $79,605. The liquidation line stands at $80,590, less than $1,000 away from the current price, making it the closest whale position to liquidation on the platform.

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