After HYPE surged past $40, the long and short game intensified, with two whales briefly opening million-dollar long and short positions simultaneously.
BlockBeats News, March 25th, according to Hyperinsight monitoring, today, after HYPE surged over $40, it fell into a long-short tug-of-war. Two whales on-chain settled positions within a narrow range.
Among them, in the past 1 hour, the whale starting with 0xfaa opened a HYPE short position with 10x leverage, with a position size of $1.03 million, an average price of $40.22, a liquidation price of $42.17, currently with a small profit of $5,300 (5%).
In addition, another whale (0x965) opened long positions at a similar average price in the past few hours, with a position size of $4.7 million, a liquidation price of $38.1, currently with a floating loss of $33,000 (-7.4%), in a long-short showdown with the former.
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.
You may also like
Cardano roadmap consists of five phases, Plomin hard fork completes the final governance phase

BUZZ-Newsmax shares rise due to unexpected third-quarter profitability
NZD/USD Price Forecast: Bears gain momentum to test 19-month lows at 0.5527
BUZZ-Palo Alto Networks shares rise as KeyBanc upgrades rating
