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$HYPE hits a new all-time high, the Long - Short battle among the whales is getting intense
HYPE just set a new ATH, at one point surpassing 66 USD, continuing to be one of the top-performing tokens in the market.
📊 Key numbers to note:
• HYPE surpassed 66 USD, establishing a new all-time high
• Whale 0x082 is holding a Long position on HYPE 5x, recording an estimated profit of over 37.6 million USD
• Meanwhile, Loracle with a Short position on HYPE 5x is facing an estimated loss exceeding 35.6 million USD
👀 The current developments show a stark divergence among major investors. One side is raking in tens of millions in profits by betting on the bullish trend, while the other continues to face significant pressure as HYPE's price keeps breaking new highs.
🔥 The gap between the Long profits and Short losses has now reached over 73 million USD, reflecting the high volatility and strong momentum of HYPE at this stage.
⚠️ As the price keeps setting new ATHs, Short positions using high leverage may continue to face the risk of being liquidated or stopped out, adding further volatility to the market in the short term.
#WinGoldBarsWithGrowthPoints