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Trader increases Bitcoin long to 486.6 BTC despite $724K unrealized loss

Technical Signals
02 Oct 2026
Tokenpost
View Source
Neutral
Trader increases Bitcoin long to 486.6 BTC despite $724K unrealized loss

A Hyperliquid trader expanded their Bitcoin long position by adding 311.65 BTC, bringing the total to 486.6 BTC valued at about $41.11 million. Despite this large position, the trader faces an unrealized loss of approximately $724,100 because the current BTC price of around $84,486 is below the average entry price of $85,974. This move shows confidence in Bitcoin's future price despite short-term losses. Investors should watch how this position evolves as market prices fluctuate.

The Hyperliquid trader's large Bitcoin position contrasts with the current market mood on Pluang, where BTC trades at Rp1.511.218.880 as of Oct 03, 2026 07:21 WIB, showing a 0.91% decline in the past day. Despite the trader's unrealized loss, Pluang users show a strong buying interest with 70% buy orders and a typical hold time of 110 days, indicating a longer-term confidence in Bitcoin.

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