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5x leverage, a 100 million dollar position, liquidation line at 69, 11 dollars away from explosion, made my palms sweat.
Since last night, this address has accumulated a total of over 329k short tokens, worth approximately $19.2 million.
Currently, this address is shorting 1.78 million HYPE tokens with 5x leverage. As the HYPE price rises, the position size has passively increased to $104 million, with the average entry price rising from $42.55 to $44.82. The liquidation price is at $69, with an unrealized loss of $24.2 million (-1