Hyperliquid Whale Expands Bitcoin Long Position to $69.16 Million

A major trading address on decentralized exchange Hyperliquid expanded its Bitcoin long position to 893.67 BTC, carrying a notional value of approximately $69.16 million. The trader added 407.07 BTC to its bullish position, which previously stood at 486.6 BTC valued at roughly $41.11 million. Earlier in the day, data showed another whale address trimmed a sizable short position down to 843.775 BTC, or about $66.28 million, cutting exposure by 265.55 BTC from 1,109.325 BTC held on Oct. 25 while Bitcoin traded at $78,556.