Seven Hyperliquid Addresses Place $42.9 Million in Bitcoin Sell Orders

Seven addresses placed 90 limit sell orders for Bitcoin (BTC) on Hyperliquid Friday, Oct. 23, for a combined 510.22 BTC valued at about $42.9 million. The orders were priced from $83,400 to $85,112. Five addresses holding long positions accounted for about $30.846 million in reduce-only sell orders, which are intended to lower existing positions. The largest reduce-only group covered 150 BTC between $83,500 and $85,000 and was valued at about $12.638 million, or 29.5% of the value of all 90 orders. Another reduce-only order at $84,666 was valued at about $8.365 million.