Whale Amplifies BTC 20x Leveraged Long to Over $30M on Hyperliquid with $4.6M Unrealized Profit

According to OnchainLens data reported by COINOTAG News on June 10, a prominent whale significantly expanded its 20x leveraged long position on Bitcoin (BTC) via Hyperliquid. The position now exceeds a nominal value of 2817.58 BTC, with an entry price set at $108,100. This strategic move reflects a substantial commitment, with the unrealized profit surpassing $4.6 million. The liquidation threshold is positioned at $105,780, indicating a narrow margin for risk management. This development underscores the ongoing volatility and leveraged trading dynamics within the cryptocurrency market, highlighting the critical importance of monitoring large-scale positions for market sentiment analysis and risk assessment.