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Crypto

Traders Bet Big on Bitcoin with $10 Million Leveraged Long

Guavy AI Editorial Team
Instruments
HYPE BTC
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A trader has opened a significant leveraged long position in Bitcoin (BTC) on Hyperliquid, using 7x leverage and taking out over $10 million. The position was worth 121.23 BTC at an entry price of $84,918.90.

The position showed a loss of around $20,000, but the trader's commitment to the market is evident with such a substantial investment. This move demonstrates the confidence some traders have in Bitcoin's potential for growth.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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