Bitcoin Short Position Worth $41.6 Million Faces Liquidation Near $84,174

A Hyperliquid address added about 500.88 Bitcoin (BTC) to a short position during a pullback on Sept. 24, bringing its cumulative position to roughly $41.641 million and leaving it vulnerable to liquidation near $84,174.

The position’s average entry price was $83,135.20, while Bitcoin traded at $83,168. Its value stood at about $41.657 million, with an unrealized loss of roughly $16,000.

The address used 40-times isolated leverage, which limits the margin at risk to the position’s designated collateral. Its liquidation price was $84,174.10, meaning a rebound of about 1.2% could bring BTC to its liquidation price.

The address continued to hold the full short position at the time of the update.