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Hyperliquid Trader's $19.91 Million Bitcoin Short Came Within 0.44% of Liquidation

The account had $39.09 million in cumulative losses, and a liquidation tied to it five minutes earlier carried a $50,900 loss.

Mentioned assets
A gold token rests at the edge of a narrow black ledge / TokenPost.ai
A gold token rests at the edge of a narrow black ledge / TokenPost.ai

At 10:46 a.m. ET (15:46 UTC) Nov. 11, a trader on Hyperliquid held a $19.91 million Bitcoin (BTC) short using 40x leverage, with its liquidation price 0.44% away.

The account's cumulative losses were listed at $39.09 million. The update also listed a liquidation tied to the account five minutes earlier, with a loss of $50,900.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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