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Deep Tide TechFlow news: On June 04, according to Hyperinsight monitoring, affected by HYPE’s continued afternoon decline, a major whale on Hyperliquid fully closed its HYPE long position, recording a loss of approximately $1.52 million. The long position had previously reached a size of $18.42 million.
Within the past 1 hour, the whale immediately reversed and shifted to trading BTC, going long with 40x leverage on 330.2 BTC. The position value was about $20.8 million, with an average entry price of $63,303 and a liquidation price of $62,455. This made it the BTC long position closest to liquidation on Hyperliquid—less than $500 away (0.7%).