Hyperliquid Whale 20 times leveraged long BTC floating loss of $1.06 million

According to Hyperinsight monitoring, the clearing price of BTC at the multi million level whale address 0x050 on Hyperliquid is $74200, which is about $25 million (3.31%) from the current price. This address was long by 881.6 BTC with 20 times leverage one day ago, valued at approximately 676 million US dollars, with an average price of 77900 US dollars. Currently, it has a floating loss of 106 million US dollars, becoming the largest long position in BTC on this platform.