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If BTC continues to rise to $64,700, three whales will be liquidated in short positions worth $38 million.

1 hours ago

June 4 Update: Per Hyperinsight monitoring, among the whales on Hyperliquid closest to Bitcoin’s short liquidation threshold, one tens-of-millions-of-dollars-level address has a liquidation price of $64,700. Two million-dollar-level short addresses today hold liquidation prices around $64,500, with some having placed stop-loss orders roughly $200 above their liquidation lines. The combined short position of these three addresses totals roughly $38 million. If Bitcoin continues climbing to the above-mentioned price levels, it will trigger concentrated liquidations. Breakdown of the tens-of-millions-level short whale: This address holds a short position of 517.6 BTC at 40x leverage, with a position value of about $32.9 million, an average entry price of $64,504, and a liquidation price of $64,672. Additionally, HyperInsight Bot is now online. Add @HyperInsightBot to your Telegram community, set it as an administrator, and enable message-sending permissions to automatically sync on-chain information.
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A certain whale opened a $20.8 million long position in BTC, but shortly after entering the trade, they were liquidated with just a 0.7% adverse price movement.

June 4th, according to Hyperinsight Monitoring (https://t.me/HyperInsight), a whale on Hyperliquid fully closed out their HYPE long position amid HYPE’s afternoon price decline, taking an approximate $1.52 million loss. This long position had previously reached $18.42 million. In the past hour, the whale has pivoted to BTC, opening a long position of 330.2 BTC with 40x leverage. The position is valued at roughly $20.8 million, with an average entry price of $63,303 and a liquidation price of $62,455. This makes the whale the BTC long trader closest to liquidation on Hyperliquid, with less than $500 (0.7%) separating their position from liquidation. Wallet Address: 0xc6fee72e2dfb27d75c282747f268738c7bc179b1

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