Hyperliquid Entry Price Heatmap Shows Both BTC Long and Short Positions in Liquidation Risk

BTC0.27%
According to Glassnode, on July 5, the Hyperliquid Entry Price Heatmap revealed that large long positions established between 72,000 and 76,000 USD and short positions built near 60,000 USD are both underwater. The dual vulnerability in the Bitcoin market increases the risk of cascading liquidations as price movements in either direction could trigger significant liquidations.
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