As $HYPE trades below $25, a whale holding a HYPE (5x) long position is currently facing a floating loss of over $19.6M.

The whale deposited $2M $USDC to avoid being liquidated; now the liquidation price is $20.65.

USDC

1.0003

+0.01%

#USDC #hype #TradingCommunity #HoldOnTight

HYPEUSDT

Perp

23.73

-6.02%