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A $38.07 million BTC 20x leveraged long position has emerged on Hyperliquid, ranking as the 6th largest position overall.

2026.07.06 10:26:59

According to monitoring by Ai9684xtpa, wallet address 0x004…c1bb8 opened a BTC long position with 20x leverage worth approximately $38.07 million on Hyperliquid at 8:30 AM today. The position currently holds around 600 BTC, ranking among the platform’s top six largest BTC positions, with an entry price of roughly $63,476. The account has also set up a tiered take-profit and stop-loss mechanism: it will take profit on 200 BTC when BTC rises to $65,000, an additional 100 BTC when it climbs to $66,000, and trigger a stop-loss on 200 BTC if the price falls to $60,000. Overall, the trade employs a tiered exit strategy alongside high leverage to cope with BTC’s current high volatility.

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