Hyperliquid Address Reverses Into $23.7 Million Bitcoin (BTC) Long

Enna Lee

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Hyperliquid Address Reverses Into $23.7 Million Bitcoin (BTC) Long

The 288.649 BTC position was valued at $23.6715 million when Bitcoin traded at $82,008.

By Enna Lee

Published Oct 16, 2026, 2:28 PM EDT

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A brass coin tilts upward along a sharply angled steel rail. / TokenPost.ai

A Hyperliquid address reversed into a long position covering 288.649 Bitcoin (BTC), valued at $23.6715 million when Bitcoin was at $82,008.

The position’s stated value is about 2.3 times that of a previously covered Hyperliquid Bitcoin long, which contained 121.23 BTC and was valued at $10.27 million. That earlier trade used 7x leverage and showed a $20,000 loss when covered.

Enna Lee

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Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.