Hacking News
Bitcoin Trader Faces $98 Million Liquidation Risk
A bitcoin trader is at risk of a $98 million liquidation after a significant loss of nearly $9.8 million in a Hyperliquid account. With 40x leverage and bitcoin's price dropping to around $81,000, another sharp decline could lead to the trader's position being liquidated. The trader's position, worth approximately $97.87 million, has an unrealized loss of $866,467.24, and its liquidation price is estimated at $79,828. The account holds $2.91 million in equity and $2.85 million in margin, with an effective leverage ratio of 34.33x and no available margin left.