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DeFiSource: Bitcoin.com News ·

A $98 Million Bitcoin Long Bet on Hyperliquid Hangs by a Thin Thread

A bitcoin trader is staring down a potential $98 million liquidation after a punishing week wiped nearly $9.8 million from a Hyperliquid account. With 40x leverage and bitcoin’s price slipping toward $81,000, another sharp decline could finish the job.

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