An address went long 97.92 BTC with 40x leverage, valued at $6.22 million.
Source:
x.com
According to Lookonchain monitoring, a user deposited $153,000 into Hyperliquid after creating a new wallet and opened a 40x leveraged long position of 97.92 BTC, with a position size of approximately $6.22 million at current prices. The liquidation price for this position is $62,825.14, indicating a high leverage level and significant volatility risk.