BREAKING
71d 5h ago

Bitcoin (BTC): Hyperliquid’s Largest Short at 20x Leverage Worth $105M (1,231.98 BTC) with $31.8M Unrealized P&L

BTC

BTC/USDT

$87,558.98
+1.10%
24h Volume

$21,554,028,319.65

24h H/L

$88,860.00 / $86,074.72

Change: $2,785.28 (3.24%)

Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$87,552.56

1.02%

Volume (24h): -

Resistance Levels
Resistance 3$94,275.60
Resistance 2$91,031.51
Resistance 1$88,311.05
Price$87,552.56
Support 1$86,576.35
Support 2$84,681.20
Support 3$80,600.00
Pivot (PP):$87,640.73
Trend:Downtrend
RSI (14):39.4
largest Bitcoin short position on Hyperliquid remains meaningful. The position encompasses 1,231.98 BTC at roughly 20x leverage, equating to about $105 million in notional value, with the stake currently unrealized in P&L and signaling a cautious tilt within the exchange’s derivatives book.

In addition, the unrealized PNL stands near $31.8 million, with an average entry price close to $11,150 per BTC. This snapshot underscores the high-stakes dynamics of leveraged BTC bets, offering a measure of institutional sentiment and potential near-term liquidity implications for Hyperliquid’s futures liquidity and market participants monitoring BTC derivatives risk.

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