Bitcoin Whale Expands Massive $183M Long Position on Hyperliquid as Liquidation Price Hits $102,830

According to COINOTAG News on June 9th, data from EmberCN reveals that a prominent Bitcoin whale has increased its leveraged long position on Hyperliquid. The trader, who previously held a 20x long, now maintains a total exposure valued at approximately $182.99 million. The average entry price for this substantial position stands at $107,167.30, while the current liquidation threshold has adjusted upwards to $102,830. Despite the sizable stake, the position is showing an unrealized loss of around $7,369.39. This development underscores the ongoing volatility and significant capital flows within the Bitcoin derivatives market, highlighting the strategic maneuvers of high-net-worth investors in response to market dynamics.