15 hour ago
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$131M Bitcoin Short Position Faces Liquidation if BTC Hits $111,770
A trader on Hyperliquid is at risk of seeing their 1.23K Bitcoin short position, valued at $131 million, liquidated if Bitcoin reaches $111,770. The position was opened with 20x leverage, and Bitcoin traded at $106,443 as of Nov. 10, 2025.
- The trader's wallet address is 0x5d2f..b7, holding a $6.36 million unrealized profit, or a 4.86% gain from an entry price of $111,499.30.
- The account value on Hyperliquid stands at $8.54 million.
Market Liquidations
- The crypto market saw $343.89 million in forced position closures over 24 hours as Bitcoin rose above $106,000.
- Short positions accounted for $256.95 million (74.7%), while long positions made up $86.94 million.
Whale Trading and Market Influence
- The trader has realized $33.12 million in profits on Hyperliquid, with significant transactions in October 2025.
- Another trader recently opened a $64.7 million long position on Hyperliquid.
Bitcoin Price Drivers
- Technical analysis shows bullish momentum with 15 buy signals against one sell signal.
- The Relative Strength Index indicates neutral-to-bullish sentiment.
- Institutional buying, such as Strategy's €620 million raise, adds demand pressure.
These factors may drive Bitcoin to the liquidation threshold of $111,770, potentially impacting market dynamics significantly.