Bitcoin Whale Opens $250M+ 20x Leveraged Long on Hyperliquid, Driving Liquidations and Bullish Market Signals
A large Bitcoin whale has executed an aggressive high-leverage long position on the derivatives platform Hyperliquid, totaling over $250 million with 20x leverage. Initially depositing $10 million USDC and later adding $2.35 million USDC, the whale controls 2,276 BTC and holds over $17.45 million in margin. The entry price is $107,637 and the liquidation price is $105,090—just 4.5% below current levels—highlighting significant risk. This move has already generated an unrealized one-day profit of $5 million for the whale. The position follows a previous wallet deposit that coincided with Bitcoin rallying above $110,000. In the past 24 hours, over $438 million in crypto liquidations occurred, mostly affecting shorts, with a 130% surge in trading volume. While Binance top traders display persistent bearish sentiment (68 long positions per 100 short), those going long are placing larger bets. This whale’s leveraged strategy is increasing market volatility and could fuel short-term bullish momentum for Bitcoin. Traders should watch these whale activities closely, as they often precede significant price movements and volatility in the crypto market.
Bullish
The news highlights a major Bitcoin whale opening and increasing a highly leveraged long position worth over $250 million on Hyperliquid, which has already resulted in substantial profits and heightened market volatility. The aggressive use of 20x leverage, significant margin, and the whale’s strategic moves have triggered notable short liquidations and a sharp increase in trading volumes, signaling strong risk appetite among large investors. While overall sentiment among Binance top traders remains bearish, the magnitude of long bets is rising. Historically, such large-scale whale activity often acts as a catalyst for bullish momentum and increased market volatility in the short term. This, combined with a wave of short liquidations, points toward a likely short-term bullish impact on Bitcoin price, though it also underscores considerable risks for leveraged traders.