A certain whale went long on HYPE and faced a unrealized loss of nearly $20 million, with a liquidation price of $20.65.
BlockBeats News, December 18th, according to OnchainLens monitoring, as HYPE dropped below $25, a whale account holding a 5x leveraged long position on HYPE is currently facing over $19.6 million in unrealized losses.
To avoid liquidation, the whale has deposited an additional $2 million USDC as collateral, and the liquidation price of this position is currently $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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