Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

DRAM index high-leverage whale is only $2.7 away from liquidation, $5.19 million long position on the verge of being liquidated.

MarsBitNews
robot
Abstract generation in progress
Mars Finance News, June 29 - According to Hyperinsight monitoring, the DRAM index, which reflects the spot price of memory, has pulled back from highs amid the spillover effect of Korean storage sell-offs, dropping about 6% in 4 hours and is currently at $70.68. A whale (0x7b5) on the Hyperliquid platform opened a position earlier this month, going long with 20x leverage and continuously rolling and increasing the position, causing the liquidation price to hang above the average entry price. The liquidation line is at $68, only about 3.8% (approximately $2.7) away from the current price, with a position size of $5.2 million. Among large holders on this platform, the average on-chain long price is about $70.12, and the average short price is about $68.35. The nominal size of shorts is approximately 2.35 times that of longs, indicating an overall bearish bias. Among them, the largest short is the "storage chain short leader" 0x4e23 (who is also shorting Micron, SanDisk, and Western Digital), holding a $14.29 million DRAM short position with 6x leverage (average entry price $77.73, position opened on June 24), with current floating profit reaching $1.47 million.
DRAM-0.55%
SNDK1.46%
WDC0.88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap