Whale opens 40x leveraged BTC short position on HyperLiquid, with liquidation price at ~$82,200
According to on-chain analytics platform Lookonchain (@lookonchain), the address 0x128e deposited approximately $500,000 worth of USDC into HyperLiquid and immediately opened a short position of 250 BTC with 40x leverage, with a notional value of roughly $20.32 million and a liquidation price of $82,236.61.