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Hyperliquid Sees $1.1B Bitcoin Long Bet Opened at 40x Leverage

Summary by Cointelegraph
A trader on Hyperliquid has used a $28 million margin to create a staggering $1.1 billion Bitcoin long position at 40x leverage, believed to be a first on the platform.

6 Articles

Three whales, who opened a total of $1.03 billion in Bitcoin (BTC) positions, are placing a massive 40x leveraged bet on the BTC price to continue its record rise. The Bitcoin price has recently reached an all-time high… Major Whales Increase Leveraged Bets for Bitcoin: $1 Billion on the Table!...

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https://www.cryptela.com broke the news on Wednesday, May 21, 2025.
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