38.93 liquidation, current price 50.17, how high does this leverage have to be, a slight pullback would be dangerous

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CryptoWorld News: HYPE long positions’ unrealized profit has narrowed; it is currently $15.8656 million (+114.57%), with an average entry price of $38.68, the current coin price at $50.17, a liquidation price of $38.93, and an open position size of $69,239,500.34. This address aggressively went long before HYPE was listed on Robinhood, and it is now the largest HYPE long holder; it has previously suffered a large amount of unrealized losses.
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