Hyperliquid whale’s $42M Bitcoin long hit
A large trader on decentralised perpetuals exchange Hyperliquid saw a $42 million leveraged bitcoin long partially liquidated after BTC slipped below $66,000 over the weekend.

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
A large trader on decentralised perpetuals exchange Hyperliquid saw a $42 million leveraged bitcoin long partially liquidated after BTC slipped below $66,000 over the weekend.
Hyperliquid’s HYPE token is attempting a steady recovery, but derivatives data shows $28.9 million in short liquidations clustered above $35, leaving traders exposed to a potential volatility spike.
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