✉news BusinessCrypto first seen 5 h ago, last 1 h ago, peak #29
A $98 Million Bitcoin Long Bet on Hyperliquid Hangs by a Thin Thread
A trader's $98 million leveraged Bitcoin long position on the Hyperliquid perpetuals exchange is reportedly close to liquidation as the price moves against the bet. Such large positions on Hyperliquid are closely watched because liquidations of this size can trigger cascading selloffs and sharp volatility across crypto markets, drawing attention from traders tracking whale activity in real time.
Why now: Large leveraged bets nearing liquidation can move Bitcoin's price and spark market-wide volatility, so traders are monitoring the position closely.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
- A $98 Million Bitcoin Long Bet on Hyperliquid Hangs by a Thin Thread · Cryptonews.net
API: https://socialmediatrends-api.osmike.com/v1/trends/2785777