A certain whale engages in 40x leverage to long BTC, with a position size of $2.4 million

BlockBeats News, May 18th, according to Hyperinsight monitoring, a whale on Hyperliquid went long 40x on 31.36 BTC, with a position size of $2.4 million, entry price at $77,008, and liquidation price at $76,032.

This address has closed all positions today during the general market downturn, liquidating the long positions on 10 different assets previously established. The long positions were held for over 30 days, and the unrealized gains were completely wiped out in this round of decline, ultimately exiting at the breakeven price.

Address: 0x21ed8665dabe127dba334147de0a73c2978f6995