As Bitcoin price volatility surged, driven by significant BTC transfers from a long-dormant whale, on-chain analysts noted a large liquidation event. ai_9684xtpa reported that Hyperliquid whale, identified as AguilaTrades, unwound a substantial portion of their 20x leveraged long position on BTC. The whale liquidated 1000 BTC using TWAP (Time-Weighted Average Price), reducing the remaining position to under $400 million. The average purchase price for this position was $111,713.4, with a liquidation price set at $112,090. This liquidation occurred amidst news of a Bitcoin whale, inactive for over 14 years, transferring 16,843 BTC (valued at approximately $2 billion) to Galaxy Digital. This large transfer contributed to the increased market volatility, potentially triggering the liquidation of leveraged positions like that of AguilaTrades. Market participants are closely monitoring whale activity for further implications on Bitcoin's price. ```

#BTC