Whale faces $23 million unrealized loss! HYPE's downward trend is fierce, and 5x leverage longs are nearing liquidation.

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【Blockchain Rhythm】HYPE recently fell below the $22 mark, triggering a chain reaction in the market. According to on-chain data, a single whale’s 5x leveraged long position is already in trouble — unrealized losses have exceeded $23.3 million, which is quite significant. Even more heartbreaking, this whale has paid approximately $1.25 million in funding fees to maintain the position. The current situation is becoming increasingly dangerous, with the liquidation price stuck at $19.32. If HYPE continues to decline, this massive position could be liquidated instantly. This situation reminds us that while high leverage can amplify gains, it also exponentially increases risks — especially during periods of high market volatility.

HYPE-4,46%
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ProbablyNothingvip
· 01-22 22:59
Haha, another whale has been exposed. This is the result of 5x leverage. What was this whale thinking? $23 million just disappeared like that. HYPE dropped too sharply, with funding rates alone paying 1.25 million, losing badly. 19.32 is the liquidation price. It feels like it will trigger, and then it's completely out. Still, you need to learn risk management. Not everyone can play with leverage. This round of market volatility is indeed intense. High leverage is basically gambling with your life. It's heartbreaking to watch. Working for the exchange for free.
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HashRatePhilosophervip
· 01-20 15:14
This whale is really a brave warrior. A floating loss of $23.3 million and still holding on. If it were me, I would have already run away. --- Playing with 5x leverage in this kind of market is playing with fire. The liquidation price is right in front of you. HYPE will be gone if it drops a little more. --- A funding rate of 1,250,000… This guy is really working for the exchange. Leverage can really destroy people. --- Seeing news like this, you know the bottom is not far away. Someone is always using blood and tears to accumulate market bottoms. --- Liquidation at 19.32, now over 22… Honestly, it's a bit risky. If it drops below this level, it will definitely be a disaster. --- Daring to hold such a heavy position with 5x leverage long, the courage is really big, but indeed, can't afford to lose. --- Another legendary story of a whale. Every time such news comes out, retail investors should reflect on their positions. --- $23.3 million… How many ordinary people's assets is that? Still, it's necessary to quit leverage. --- HYPE has fallen so sharply, it feels like the main force is shaking out, eating the stop-loss orders of this whale. --- Looking at this operation, it's not trading, it's gambling.
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MEVHunterWangvip
· 01-20 15:08
This whale is truly a living textbook, with 23.3 million evaporating directly. If you can't handle 5x leverage, don't play.
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ZKProofEnthusiastvip
· 01-20 15:05
Playing HYPE with 5x leverage, this whale is really a bit greedy. $23.3 million floating loss... and still pouring more funds into it. The fee rate, this is the gambler's mentality. --- Breaking below $19.32 directly triggers liquidation, just waiting to see the show. --- HYPE's recent plunge is truly incredible, a nightmare scene for leverage traders. --- $1.25 million fee rate... how much are they losing? Might as well just admit defeat. --- The liquidation price is right in front of us. If it drops a little more, this whale will be completely out. --- Looking at this situation, it seems like a liquidation is imminent. High leverage is indeed poison. --- HYPE is falling so sharply, I’m sweating for that whale. --- $23.3 million just gone? Leverage really isn’t something humans should play with. --- The funding rate is almost eating through the principal, yet they keep holding on. That operation is incredible. --- Once it breaks below $19, this whale will become a big fish haha.
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