Hyperliquid Whale Expands Bitcoin Long Position to 1,000 BTC Worth $83.04 Million

A prominent whale on decentralized perpetual exchange Hyperliquid holds a 1,000 Bitcoin long position valued at roughly $83.04 million, showing an unrealized profit of $10.27 million and a 37.1% return. The position uses 3x cross margin with an average entry price of $72,771 and a liquidation threshold at $50,382. The trader previously held 800 BTC since May 11 before expanding exposure as prices rose toward $83,037. This follows another Hyperliquid whale on October 10 holding a 20x leveraged 250 BTC long with $3.81 million in unrealized profit.