Significant BTC Leverage Trade Executed on Hyperliquid

A major Bitcoin (BTC) leverage trade was executed on Hyperliquid, according to BlockBeats On-chain Detection. The transaction involved a whale, identified by the address starting with 0x0df, who opened a long position of 167 BTC using 40x leverage. The position's value is approximately $12.16 million, with an average entry price of $72,800. The whale has set a take-profit price at $73,650 and a stop-loss price at $72,000. If BTC reaches the take-profit level, the position is expected to close with a profit of around $124,000, yielding a margin return rate of approximately 40%. Since depositing funds five days ago, the address has been actively engaging in intraday BTC trading, accumulating profits totaling $630,000.