Bitcoin
Trader Bets $98M On Bitcoin With 40x Leverage
Cointribune·October 19, 2026·1 min read
A trader opened a $98 million long position on Bitcoin with 40x leverage on Hyperliquid. As of October 18, a 1.6% price drop would trigger liquidation of the high-risk position. The trade highlights extreme leverage in crypto markets, where small moves can wipe out large positions.
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