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

Source: Bitcoin News · Oct 18, 2026 17:30 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

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. Hyperliquid Trader Risks $98 Million Bitcoin Liquidation A massive bitcoin long position on Hyperliquid is teetering […]

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