Worth $10.27 million, an address longed 121.23 BTC on Hyperliquid with 7x leverage for the first time

According to monitoring by on-chain analyst Ai Yi, an address opened its first position on Hyperliquid in the early hours of today, longing 121.23 BTC with 7x leverage, worth $10.27 million, at an entry price of $84,918.9, and is currently at a loss of $20,000.