Hupzy (Spot On Chain)|Jul 16, 2026 13:10
🚨 A Hyperliquid ETH whale is staring at liquidation again — a $𝟮𝟴.𝟱𝗠 long sits just $15 away from the $𝟭,𝟴𝟲𝟬 trigger after ETH's latest pullback.
The trader, known as "Maji," has run this playbook repeatedly: go long, roll profits into bigger positions, rarely take profits, then get wiped on a small dip. Cumulative losses have reached $𝟯𝟯.𝟲𝗠. Each cycle adds forced selling pressure at lower levels.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A $28.5M ETH long blowing up at $1,860 would dump significant forced selling onto ETH right at a key technical level. If you're short or considering it, this liquidation is the kind of catalyst that can drive a flush below support. The repeated open-roll-get-wiped pattern means each cycle compounds selling pressure — watch for cascade effects on ETH perps across Hyperliquid when this position goes.
Track the wallet on Hypurrscan:
https://hypurrscan.io/address/0x020ca66c30bec2c4fe3861a94e4db4a498a35872#perps
source: EmberCN
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