Bitcoin Whale Long Position at $105K with 40x Leverage

The hyperliquid whale has established a long position on Bitcoin, holding 140 BTC. The entry point is set at approximately $105,789, with a liquidation threshold around $104,445. This position leverages 40 times using cross margin mode, with a margin balance of $370,475. The current position value amounts to about $14.82 million, and there's an unrealized profit of roughly $8,588. The absence of a funding fee indicates no ongoing costs at this moment.