Whale Opens $12.16M Bitcoin Long on Hyperliquid with 40x Leverage, Targets $73,650 Profit Level

BTC-1.35%

According to Coinbob's address tracking, on June 1, a whale address (0x0df...) opened Hyperliquid's largest BTC position of the day with 40x leverage 1 hour ago. The position spans 167 BTC worth approximately $12.16 million, with an average entry price of $72,800.

The whale has set a take-profit level at $73,650 and a stop-loss at $72,000. If BTC reaches the profit target, the position is projected to close with approximately $124,000 in gains, representing a 40% return on margin. The address has been trading BTC intraday since depositing funds five days ago, accumulating $630,000 in profits to date.

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