A whale is 50 times long on Hyperliquid Bitcoin has lost $7.10 million

According to Lookonchain monitoring, the loss of a whale address that was long bitcoin at 50 times leverage in Hyperliquid continued to grow. The address entered at $101,662.9, the unrealized loss reached $7.10 million, and the liquidation price was $68,153.88. In addition, the address has paid more than $1.04 million in funding fees for a one-month position. The total assets of the account are currently about $16.838 million.