Hyperliquid's newest BTC whale is now facing a multi-million dollar unrealized loss, with a position size of $67.6 million.

BlockBeats News, May 19th, according to Hyperinsight monitoring, among the whales holding tens of millions of BTC on Hyperliquid, the address (0x50b) closest to the liquidation line currently has a liquidation price of $74,214, which is about $25 million away from the current price (3.31%).

The whale went long 881.6 BTC with 20x leverage one day ago, worth approximately $67.6 million, at an average price of $77,934. The current unrealized loss is $1.06 million (-37%), making it the platform's largest BTC long position.

Address: 0x50b309f78e774a756a2230e1769729094cac9f20