An Address Opens 20x Bitcoin Long Position Worth $38.07 Million on Hyperliquid

An address opened a 20x leveraged Bitcoin long position worth $38.07 million, ranking among Hyperliquid’s top six Bitcoin positions. According to Foresight News, monitoring by @ai_9684xtpa showed the address currently holds 600 BTC, with an entry price of $63,476. The position includes preset take-profit and stop-loss levels. The address plans to take profit on 200 BTC if the price rises to $65,000 and on 100 BTC if it reaches $66,000. A stop-loss is set to sell 200 BTC if the price falls to $60,000.