A certain address long on 300 BTC 7 hours ago and has already incurred a paper loss of $239,000.
TL;DR
An address opened a 300 BTC long position on Hyperliquid, now facing a $239,000 paper loss with an average entry price of $87,965.3. It has set stop-loss at $79,419 and take-profit at $109,496 to manage risk.
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On December 30, according to on-chain analyst Ai Yi (@ai_9684xtpa), address 0x931…ae7a3 opened a long position of 300 BTC 7 hours ago, becoming one of the top 5 long positions in Hyperliquid BTC.
Currently, the $26.14 million BTC long positions have an average opening price of $87,965.3, resulting in a floating loss of $239,000, with a liquidation price of $86,073.7. He also set a stop-loss and take-profit range of $79,419 to $109,496, meaning he would stop the loss in batches when the price falls to $79,419 and take profit in batches when the price rises to $109,496.