High-Stakes Win on Hyperliquid:

A bold trader on the decentralized derivatives platform Hyperliquid used 50x leverage to open a $200 million long position on Bitcoin (BTC)—all backed by just $4 million in collateral.

The entry price? $85,908

Liquidation price? $84,752 — just a $50 dip away from disaster.

But fortune favored the fearless: after U.S. President Donald Trump sparked a crypto rally by announcing the nation's official crypto reserve, the trader netted a $6.8 million profit.