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🚨 BTC’S REAL RISK IS POSITIONING, NOT PRICE Over $20M in BTC longs were liquidated on Hyperliquid as 4H long liquidations hit ~$41M vs only ~$16M shorts. That’s a crowded-long problem. Now watch Hyperliquid funding: If funding stays negative while BTC holds near $87K, leverage may be flushing out — and the liquidation chain could be losing fuel. $BTC → price holds + funding resets = key signal. #BTC #Crypto