A major whale is currently at an unrealized loss of nearly $20 million on a long HYPE position, with a liquidation price of $20.65.
BlockBeats News, December 18, according to OnchainLens monitoring, as HYPE fell below $25, a whale account holding a 5x leveraged long position in HYPE is currently suffering an unrealized loss of over $19.6 million.
To avoid forced liquidation, the whale has added $2 million USDC as margin. The current liquidation price for this position is $20.65.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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