Big Whale Address HYPE Long Position Cleared: From Over $100 Million to $560,000 Loss

HashBandit · 2026-01-20T01:48:13+00:00

Recently, a large-position trader has attracted attention due to their continuous reduction of HYPE holdings. Starting with significant losses, they reduced their position from $2.82 million to zero, ultimately losing $560,000. Having previously profited handsomely in the blue-chip NFT sector, she has faced successive failures in recent years, prompting reflection.

HashBandit

2026-01-20 01:48:13

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【BlockBeats】A large holdings address has recently attracted attention. According to on-chain monitoring data, this trader has been continuously reducing their position in HYPE for nearly 10 hours starting from last night, ultimately choosing to close all positions and exit.

The situation before clearing was not very optimistic. The initial position size was as high as $2.82 million, but at this point, it already faced an 85% floating loss. The trader did not continue to hold stubbornly but initiated a position reduction plan on the night of the 19th. From nighttime until the early morning of the 20th, they reduced approximately $2.41 million of their holdings, then completely cleared the remaining $118,700. The entire operation ended with a loss of $560,000.

This trader once enjoyed fame. In their early years, they made a fortune in blue-chip NFTs, with account funds once exceeding hundreds of millions. However, since becoming active again in October this year, they have encountered a series of pitfalls. The recent HYPE operation can be described as adding insult to injury. From over a hundred million in funds to the current predicament, this case is also worth market participants’ reflection.

HYPE-1.72%

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RatioHunter

· 4h ago

$560,000 just gone like that, from a billion-dollar account to now... This is the magic of Web3, right?

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metaverse_hermit

· 4h ago

Another billion-level account crashes... Winners in the NFT era are now being rubbed into the ground by HYPE. With an 85% loss, they still have to grit their teeth and liquidate, truly incredible. This is what a 10-hour "stop loss" looks like. Why bother?

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NeonCollector

· 4h ago

Oh no, it's another story of going from billions to just hundreds of thousands. HYPE really can harvest everyone. From NFT big players to now like this, what does it say? The market is so cruel; yesterday's experts are today’s newbies. With an 85% loss, still daring to hold on for ten hours— I really can't match that courage. If it were me, I would have run eight hours ago. Once a blue-chip NFT big shot, now can't even beat HYPE. This bear market truly leaves people speechless. Money comes so quickly and goes just as fast. Without risk management awareness, this is the inevitable outcome.

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MidnightTrader

· 4h ago

Another billion-level account got wrecked, HYPE this game is really ridiculous. 85% loss and still dare to go all in? How tough must that mentality be... or how fragile. It's really damn tragic, a night back to the pre-liberation days. The NFTs earned in the early years have all been lost now, feeling like I can't handle this anymore. 10 hours of continuous position reduction, I’m already exhausted just watching this experience... It’s better to cut losses early, this wave of losses isn’t unjustified. When will we learn to cut losses, everyone? Do we have to wait until 85% before we run? This is what the daily life of a chosen one looks like—earning a hundred million when winning, losing just as fiercely when failing. I think, HYPE is just a trap, brothers, don’t touch it. $560,000 just as tuition, next time don’t be so greedy. Who still wants to play HYPE? I, for one, am scared.

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NotSatoshi

· 4h ago

Oh no, another million-dollar whale crash site. This time HYPE has directly caused people to lose everything. $560,000 just gone like that, that's pretty harsh. From getting rich quick with NFTs to now stepping into pitfalls, this bear market really makes it hard to see through. Where are the profits from the blue-chip NFTs supposed to be? Why did they burn through so quickly? Really, sometimes having a lot of money in the account makes it easier to make reckless moves. I feel exhausted just watching him. I wonder how he's feeling right now. If it were me, I would have already gone lying flat. That's why I never go all-in on one coin. It's too intense, brother. Invested 2.82 million, and in the end, only 2.26 million was left to cash out. No regrets about the loss. On-chain data is so transparent, every move of the big players is watched. The pressure must be immense.

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PoolJumper

· 4h ago

Oh no, another story of going from riches to ruin Playing with billion-dollar funds and ending up with a $560,000 loss, how bad is that HYPE is really a cash grab coin, whoever comes in, whoever gets wrecked Cutting losses for ten hours straight, this big brother's mentality must be shattered Made a fortune with NFTs in the early years, now all of it has been lost, hilarious If you ask me, this is the fate of the crypto world, there are no undefeated generals Woke up to find myself a cautionary tale, but at least I cut my losses

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ForkInTheRoad

· 4h ago

Oops, another big-position player crashes. This time, HYPE really broke my defenses. From billions to a loss of 560,000? That's pretty harsh. But on the other hand, cutting losses is really smart; otherwise, just go all the way to zero. This guy made money early on with NFTs, but now he's lost it all. It's a bit funny but also pretty tragic.

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