Hyperliquid Trader’s $98 Million Bitcoin Long Sits 1.59% Above Liquidation Price

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Hyperliquid Trader’s $98 Million Bitcoin Long Sits 1.59% Above Liquidation Price
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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A Hyperliquid trader holds a $97.87 million bitcoin long with 40x isolated leverage, and the position's estimated liquidation price sits close to the current market. The account has also posted nearly $9.8 million in weekly losses.

A Hyperliquid trader controls 1,205.30865 BTC worth approximately $97.87 million in a long position that carries 40x isolated leverage. The 40x leverage leaves little room for another market stumble as bitcoin slips toward $81,000.

The trader entered at an average bitcoin price of $81,913.80. The position now shows an unrealized loss of $866,467.24, a negative 30.4% return on equity, and its estimated liquidation price is $79,828.

Bitcoin trades 1.59% above the liquidation price

Bitcoin climbed to $82,170 earlier on Sunday before sellers took control and pushed it to an intraday low of $80,888. At about 12:25 p.m. EDT on Oct. 18, bitcoin traded near $81,117 on Bitstamp, roughly $1,289 or 1.59% above the trader's liquidation threshold.

Buyers have tried to defend $81,000, but the recovery remains tentative. A renewed break beneath $80,888 would put additional pressure on the position.

The account lost nearly $9.8 million in a week

The account's cumulative profit and loss fell to negative $9,779,348.87 over seven days, with a weekly maximum drawdown of 78.77%. Across 3,763 recorded trades, hyperbot.network data shows a win rate of 16.67%.

However, the $97.87 million figure is leveraged exposure, not the trader's personal capital at risk. The account holds approximately $2.91 million in equity, and actual liquidation depends on Hyperliquid's mark price and margin calculations. Forced liquidation could occur in stages.

Source: Bitcoin News

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