BTC: $30.5M Hyperliquid Long Nears Liquidation
BTC at $72950.39 puts $30.5M 40x long opened at $73345 on Hyperliquid within $400 of $72433 liquidation.
SourceAnalysis
BTC fell another $400 and now sits at $72950.39, placing the 40x long of 416.6 BTC worth $30.5 million opened at $73345 on Hyperliquid just $517 above its $72433 liquidation price.
Price trades inside the Bollinger Bands with lower support at $72707 while the 4-hour EMA50 at $76222 and EMA200 at $77078 remain firm resistance; RSI at 24.56 signals oversold conditions yet MACD at -908.86 confirms the death cross and sustained bearish momentum, suggesting any bounce attempt will likely stall before reaching the 50-EMA confluence zone.
余烬
@EmberCNAnalyst about On-chain Analysis