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via Cointelegraph · By Cointelegraph Staff

Hyperliquid Whale Refuses to Close HYPE Short Despite Being Down $22M

HYPE

HYPE/USDT

$58.644
+1.68%
24h Volume

$306,121,219.76

24h H/L

$58.94 / $57.26

Change: $1.68 (2.93%)

Funding Rate

-0.0070%

Shorts pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$58.64

0.83%

Volume (24h): -

Resistance Levels
Resistance 3$64.236
Resistance 2$61.775
Resistance 1$58.7967
Price$58.64
Support 1$57.7533
Support 2$53.0016
Support 3$46.4832
Pivot (PP):$57.9033
Trend:Downtrend
RSI (14):40.9
CS
Cointelegraph Staff
(01:44 PM UTC)
1 min read
SC
Updated bySarah Chen
1228 views
0 comments

A Hyperliquid (HYPE) whale is refusing to close a massive short position even as the token’s rally leaves the trader sitting on more than $22 million in unrealized losses.

Key takeaways:

  • HYPE’s 134% year-to-date rally, rising ETF inflows and fresh whale accumulation may deepen squeeze pressure on the short seller.
  • Technical setups suggest a potential 20% pullback toward $51.5–$45.

HYPE whale…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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