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Who understands! HYPE's current market situation is a life-and-death game between two giant whales
Short whale: floating loss of 31 million, holding on stubbornly, just waiting for the price to drop back;
Long whale: floating profit of 30 million, but only one step away from liquidation, could be washed out at any time.
If the price drops below $49, the long position will be liquidated directly, causing a market dip;
If the price rises to $89, the short position will be liquidated, triggering a big move.
Right now, it's a gamble on who can't hold on first—who do you think will win?
#HYPE