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Joao Wedson predicts that many traders will soon face liquidation on Hyperliquid. The statement suggests that significant positions could be at risk due to market conditions.
No additional details were provided regarding timing or specific triggers for these expected liquidations.
Wedson previously warned that $1.4 billion in Bitcoin positions could be liquidated if prices fell to $53,500. He also suggested that Bitcoin's price bottom could arrive before the launch of GTA 6, potentially shifting crypto market sentiment after the game's release. His comments have focused on market risk and timing around major events.