coin-img-BREVBREV-14.43%coin-img-ETHETH-1.17%coin-img-PEPEPEPE-7.63%coin-img-HYPEHYPE-3.93%coin-img-UNIUNI-4.31%coin-img-BTCBTC-0.20%coin-img-UCNUCN+0.24%coin-img-SOLSOL+2.11%coin-img-BREVBREV-14.43%coin-img-ETHETH-1.17%coin-img-PEPEPEPE-7.63%coin-img-HYPEHYPE-3.93%coin-img-UNIUNI-4.31%coin-img-BTCBTC-0.20%coin-img-UCNUCN+0.24%coin-img-SOLSOL+2.11%coin-img-BREVBREV-14.43%coin-img-ETHETH-1.17%coin-img-PEPEPEPE-7.63%coin-img-HYPEHYPE-3.93%coin-img-UNIUNI-4.31%coin-img-BTCBTC-0.20%coin-img-UCNUCN+0.24%coin-img-SOLSOL+2.11%coin-img-BREVBREV-14.43%coin-img-ETHETH-1.17%coin-img-PEPEPEPE-7.63%coin-img-HYPEHYPE-3.93%coin-img-UNIUNI-4.31%coin-img-BTCBTC-0.20%coin-img-UCNUCN+0.24%coin-img-SOLSOL+2.11%

Trader Increases 20x Leveraged Bitcoin Long to $259 Million

A trader associated with wallet address 0xFB78 has increased a 20x leveraged long position on bitcoin to 2,830 BTC, valued at about $259.55 million on the Hyperliquid platform, according to on-chain analytics firm Lookonchain. The trader deposited an additional 20 million USDC to Hyperliquid, following an earlier deposit of 15.5 million USDC used to open a 980 BTC long position the same day. Lookonchain reported that the enlarged position is currently showing unrealized losses of more than $2 million.
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