BTC Short at 20x Leverage After 3.448M USDC Deposit into HyperLiquid; Position Worth $38.6M

BTC

BTC/USDT

$66,969.90

+1.49%

$66,969.90

+1.49%

(24s)

24h Volume

$5,893,102,060.79

24h H/L

$67,284.00 / $65,766.10

Change: $1,517.90 (2.31%)

Long/Short

71.0%

Long: 71.0%Short: 29.0%

Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$66,885.03

▲ 0.72%

Volume (24h): -

Resistance Levels

Resistance 3$74,458.01

Resistance 2$69,708.76

Resistance 1$68,058.24

Price$66,885.03

Support 1$66,155.21

Support 2$64,323.39

Support 3$60,000.00

Pivot (PP):$66,702.02

Trend:Downtrend

RSI (14):42.4

According to COINOTAG News on December 2, Onchain Lens data indicate a newly created wallet funded HyperLiquid with 3.448 million USDC and opened a BTC short at 20x leverage. This on-chain activity signals sustained margin demand in crypto trading venues and shows how stablecoin inflows can enable high‑leverage bets.

The position carries a current notional exposure of approximately $38.6 million, with an average entry price of $86,373.6 and a liquidation threshold near $92,885.8. Market observers should track BTC price action, funding signals, and margin dynamics as volatility affects risk and liquidation outcomes.

Share News:

Other Breaking News

BREAKING

April 8, 2026 at 09:13:48 PM UTC

Canary files S-1 for PEPE ETF.

BREAKING

April 7, 2026 at 08:40:12 PM UTC

$CHIP added to Coinbase roadmap.

BREAKING

April 7, 2026 at 03:44:48 PM UTC

FBI: U.S. crypto scam losses hit $11.4B in 2025, up 22% YoY.

BREAKING