Data: HYPE sees a tug-of-war between bulls and bears at the $40 level, with the latest major whale opening a short position using 5x leverage.
According to ChainCatcher, monitored by Hyperinsight, after the market moved upward this morning, HYPE rebounded to fluctuate around $40, with a 24-hour decline still reaching 3%. The newest whale (0xec8) on Hyperliquid opened a 5x leverage HYPE short position within the past hour at an average price of $40.04 and a liquidation price of $46.6, with a position size of approximately $3.38 million.
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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