Whale Boosts 108.67 BTC to $47M 40x Leveraged Long on Hyperliquid Amid ETH 25x Short Position

According to data from HyperInsight, a prominent whale address identified as 0x4a20 has significantly increased its exposure by adding 108.67 BTC to a 40x leveraged long position on Hyperliquid, valued at around $12.36 million. The position’s entry price stands at $106,401, with a total size of $47.31 million and an unrealized profit and loss (P&L) of approximately $725,000. The liquidation threshold for this position is set at $78,396, underscoring the high-risk nature of leveraged trading in volatile markets.

In addition to the BTC long, this whale also maintains a substantial 25x leveraged short position on Ethereum, currently valued at $28.64 million. The ETH short was entered at a price of $2,456, with a liquidation price of $3,555. Presently, the position reflects an unrealized loss of $325,000, highlighting the dynamic risk management strategies employed by large-scale traders in the crypto derivatives space.