HYPE Short Risk Warning: Whale Leverage Longs Deeply Trapped in $17 Million Loss

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【ChainWeb】HYPE has experienced a significant technical breakout. Since May 20th, this surge has been particularly fierce—the price has for the first time fallen below the 4-hour support line of $27.

What is even more noteworthy is the situation of a certain major holder. This investor used 5x leverage to go long on HYPE, and currently, their unrealized loss has exceeded $17 million. The liquidation line is at $22.24, and it is about to be triggered. Once the price drops to this level, the entire position will be instantly liquidated.

At this current level, market volatility has suddenly increased. Whether the support can hold in the short term remains uncertain, but if such a major holder is forced to liquidate, it often will intensify the downward pressure. For other investors, this is also a risk signal that must be watched closely.

HYPE2.32%
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DefiPlaybookvip
· 12-18 11:10
According to on-chain data, the leverage liquidation risk for HYPE this time is indeed worth paying close attention to—an unrealized loss of $17 million has already reached a level sufficient to trigger a market chain reaction. A 5x leverage was liquidated at $22.24, which means that once the break below is successful, the forced liquidation selling pressure will further intensify the decline, forming a classic positive feedback loop. It is recommended to strictly set stop-losses in the short term, as the risk premium has already increased significantly.
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GweiObservervip
· 12-17 15:45
Whale liquidations are the best short signals, with 17 million directly evaporated. This time, it's really going to break 22.
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NFTHoardervip
· 12-17 08:36
$17 million is gone just like that. Five-times leverage players are really gambling with their lives. --- This wave of breakdowns has definitely driven the bulls crazy; the liquidation line is almost touched. --- It's the old routine of leverage liquidation again. When will these big players learn? --- Triggered liquidation at $22? I'll just watch quietly to see how it ends. I'm a bit期待. --- Breaking the support line + big players liquidated, under double pressure, it's a miracle that HYPE can still stand. --- If you enter now... you need to be very resilient. With such obvious risk signals, who dares to take the plunge?
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GateUser-e51e87c7vip
· 12-16 05:26
It's the same story again, with big traders' leverage liquidations dragging down the market, forcing retail investors to buy in, endless cycle.
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ForkThisDAOvip
· 12-16 05:26
$17 million unrealized loss... How resilient must this whale be to still be holding on? --- Playing HYPE with 5x leverage, this guy really dares to gamble. --- Liquidation at 22.24, feeling tense... Need to find a way to self-rescue. --- Once large account liquidation is triggered, there's only one direction now. --- This breakdown is indeed fierce, as brutal as the wave in May. --- $17 million... Just thinking about it hurts, who can withstand this loss? --- If support can't hold, a chain reaction might be coming. --- Leverage, when making profits, feels nothing; when losing, it's life-threatening. --- The liquidation line is just around the corner, this guy is under a lot of pressure. --- Volatility is rising, short-term traders should be cautious.
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LiquidationWatchervip
· 12-16 05:24
Damn, with a $17 million loss, how strong does this whale's heart have to be to keep waiting?
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AlwaysAnonvip
· 12-16 05:18
Whale is about to get liquidated, this is going to be fun... --- $17 million just disappeared, leverage is really a trap --- If $22 can't hold, how intense will this chain reaction be... --- Playing HYPE with 5x leverage, this guy is really brave --- Tsk, another big wallet liquidation causing the dip, old trick again --- Already warned not to chase highs, now you know the pain --- The liquidation line is this close but no stop-loss, can handle the psychological pressure --- Technical breakdown + whale liquidation, double kill everyone --- I just want to know if this guy still wants to keep trading --- Can't even hold $27, there's no support below... --- Leverage, once you get the hang of it, it's familiar; three times, you're on the roof
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NFT_Therapyvip
· 12-16 05:09
Playing HYPE with 5x leverage... How resilient must this guy be? Losing $17 million just like that? Truly a gambler's mentality.
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AirdropHunter420vip
· 12-16 05:07
$17 million just gone like that, 5x leverage is playing with fire --- Whales are about to be liquidated, retail investors should stay away --- If the support line breaks, so be it. I already sold earlier; wait for the rebound to speak --- That's why I never touch leverage, brother. It's too刺激 --- If the key level at 22.24 is broken, the chain reaction will be terrifying --- Just 5x leverage gambling, serves you right --- Will big players' liquidations cause a crash? It depends on the trend in the next few days --- HYPE this round really dragged down the market. Whoever predicted this before should have lost money, right? --- Will the price dump straight after liquidation triggers? Feeling a bit nervous --- Rising volatility is a signal to enter the market. Try opposite operations
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