PANews
PANews|May 22, 2025 07:53
5 times leverage short selling HYPE's giant whale added 2 million USDC margin half an hour ago On chain data shows that since May 8th, it has shorted 1.875 million HYPE (worth $57.54 million) whale addresses with 5-fold leverage, with an opening price of 20.4. Due to the continuous rise of HYPE, the position is currently experiencing a floating loss of $19.2 million. To prevent liquidation, the address has added margin five times, with the latest one adding $2 million USDC half an hour ago. The current liquidation price is 33.6.
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