<ul><li>A trader placed a $1.1 billion Bitcoin long position at 40x leverage on Hyperliquid DEX, surpassing $1 billion for the first time on the platform.</li><li>The trader, identified as 'James Wynn,' has profited $36 million on the position, with a liquidation price around $103,800.</li><li>Bitcoin hit a new all-time high above $109,500, experienced volatility, and currently trades above $110,000.</li><li>Hyperliquid, built on Ethereum's Arbitrum network, hosted the trade, capturing attention in the cryptocurrency community.</li></ul>

Hyperliquid Exchange Hosts Record $1.1 Billion Bitcoin Long Position at 40x Leverage

Discover more