BTC longs on Hyperliquid face unrealized losses of $130 million, and a drop to $65,000 could trigger $228 million in liquidations.

BlockBeats news, November 13 - According to TradingBeats monitoring, the Hyperliquid platform currently has approximately 24,920 wallets holding BTC long positions, with open long positions amounting to $1.32 billion, accounting for 67% of total BTC open interest. The average entry price for longs is $75,565, about 9.2% higher than the current price of $68,588, with overall unrealized losses of approximately $130 million. Among them, 95% of longs are in loss, and about 40% of positions have entry prices above $76,000.

In terms of liquidation risk, the average liquidation price for these longs is $52,128. However, if BTC falls to $65,000, approximately $228 million in long positions are expected to face liquidation; if it falls to $60,000 and $55,000, the potential liquidation scale will rise to $427 million and $647 million, respectively.

In the past 24 hours, approximately $258 million in BTC long positions have been liquidated on the Hyperliquid platform.