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HYPE is experiencing a tug-of-war between bulls and bears around the $40 mark, with the latest whale opening a short position using 5x leverage.
BlockBeats News, April 22, according to Hyperinsight monitoring: after the market rose this morning, HYPE rebounded to around $40 and continued to trade in a range, with a 24-hour decline still at 3%. The latest whale (0xec8) that opened a position on Hyperliquid opened a 5x leveraged HYPE short position within the past 1 hour, with an average price of $40.04 and a liquidation price of $46.6. The position size is approximately $3.38 million.
Additionally, among the intraday opened positions from a whale (with a position size over $1 million), the address (0x4a8) that is closest to the liquidation line opened a position at 1:00 AM today, with an average price of $39.64. It has now turned from profit to loss. If HYPE rises to $41.6, this position will trigger liquidation.
Address: 0xdf86c7c9069e9bd5bac9d97e21f9aa10f728fb86
Address: 0xdf86c7c9069e9bd5bac9d97e21f9aa10f728fb86