BREAKING
6h 43m ago
HYPE Whale Faces $19.6M Unrealized Loss on 5x Long, Adds $2M USDC Collateral as Liquidation Price Drops to $20.65
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COINOTAG News, citing OnchainLens data, notes that HYPE has dipped below the $25 threshold, exposing a whale with a 5x leveraged long position to meaningful risk metrics.
To avert liquidation, the holder injected $2 million in USDC as additional collateral, strengthening the margin while the position records unrealized losses of over $19.6 million.
The current liquidation price for this setup sits at $20.65 per HYPE, underscoring tightened risk controls in high-leverage crypto trades and the price sensitivity that can trigger margin calls.
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