Hyperliquid whale increases position to $259 million BTC long, 20x leverage hits new high

【Blockchain Rhythm】On-chain data shows that wallet address 0xFB7…5e0A3 has been very active on Hyperliquid. On January 7th, this trader significantly increased their BTC long position to $259 million, making them the largest Bitcoin long holder on the platform.

Specifically, the opening average price of this address’s BTC long position is $92,318.6, with an unrealized loss of approximately $1.982 million. The liquidation price is set at $81,157.4, which indicates some buffer for risk.

What’s more noteworthy are the operational details—this whale started positioning 5 hours ago, using 20x leverage to build the long position. At the same time, they placed a take-profit limit sell order with a trigger price set at $93,300. This combination of strategies demonstrates a quite mature risk management approach. In the current market environment with Bitcoin price fluctuations, such a large leveraged long position will undoubtedly have a significant impact on the market.

BTC1,06%
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gas_guzzlervip
· 15h ago
Bro, your guts are really big. Using 2.59 billion with 20x leverage to go all in, with a liquidation price still having a $11,000 buffer... But this technique is indeed sophisticated. Take-profit sell orders are all set up, can't be wiped out.
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AirdropLickervip
· 01-07 14:56
This guy really dares to play, going all-in with 20x leverage, instantly taking in 259 million... Truly fearless.
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TokenomicsPolicevip
· 01-07 14:53
Big whales really dare to play, going all-in with 20x leverage? I'm someone who’s afraid of dying.
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MysteryBoxBustervip
· 01-07 14:47
20x leverage, you're really bold. One pullback and you're done for.
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SnapshotDayLaborervip
· 01-07 14:42
This whale really has guts, playing so aggressively with 20x leverage... Wait, let me do the math. Spending 259 million just to earn that 1000 yuan difference? This guy definitely knows something. But on the other hand, with the liquidation price so close to the current price, the risk really can't be sustained.
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MemeCoinSavantvip
· 01-07 14:41
yo 20x leverage on 259M is absolutely unhinged... this whale either has a phd in risk management or is about to become a cautionary tale ngl
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