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TechFlow news, on February 25, according to on-chain analyst Lookonchain, as Bitcoin's price fell below $90,000, a whale user who went long on Bitcoin via the Hyperliquid platform incurred an unrealized loss of approximately $8.84 million.
The user opened their long position two months ago at a price of $101,663 and has since earned $2.16 million in funding fee income.
According to on-chain analyst Lookonchain, as Bitcoin's price fell below $90,000, a whale investor who went long on Bitcoin via the Hyperliquid platform incurred an unrealized loss of approximately $8.84 million. The user had opened a long position two months ago at a price of $101,663, and has since earned $2.16 million in funding rate income.
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