$BTC WHALE ON 40X LEVERAGE IS $210K UNDERWATER AND 3.5% FROM LIQUIDATION 🔥
A single Hyperliquid address holds 272.7 BTC in a 40x leveraged long at $60,519 average entry. With BTC at $59,720, the position is already underwater by $210,000. The liquidation price sits at $57,640 — just 2,085 points or 3.5% below current price.
The same wallet has been aggressively averaging down since June 24th, adding size at lower prices. If Bitcoin drops another 3.5% and breaks below $58,000, this $16.3 million position gets force-liquidated — potentially accelerating the move.
Are you watching this liquidation zone for a potential cascading move?
Not financial advice. Always manage your risk.
#BTC #Liquidation #Leverage #WhaleWatch 🔥