Hupzy (Spot On Chain)|Oct 08, 2026 09:28
AguilaTrades returns to Hyperliquid after 14 months, opens a 𝟰𝟬𝘅 𝗹𝗼𝗻𝗴 on 200 BTC ($16.58M) with liquidation at $𝟴𝟭,𝟰𝟲𝟲 — just 2% below entry. The trader previously lost $37.64M on the same platform.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A 40x leveraged BTC long from a trader with a documented $37.64M liquidation history is high-conviction but high-risk. The position doubled from 100 to 200 BTC within minutes, signaling aggressive conviction. Liquidation sits less than 2% below spot — a modest pullback triggers forced selling that adds to existing whale distribution pressure across the market.
BTC is already absorbing OG whale selling. A $16.58M liquidation overhang 2% below spot compounds the supply wall. Watch $81,466 as a key short-term level — a break below triggers cascade selling.
https://hypurrscan.io/address/0x1f250Df59A777d61Cb8bd043c12970F3AFE4F925#perps
source: lookonchain
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