Standard News / Crypto Article Style
Long positions on HYPE continue to suffer as the token’s price tumbled further today, triggering major on-chain liquidations.
According to BlockBeats On-chain Detection, a single whale address was liquidated for 11,796 HYPE (valued at approximately $1.06 million). Despite the forced closure, the address maintains a heavy bullish bet, currently holding a remaining long position of 47,184 HYPE worth around $4.24 million.
Following the recent liquidation event, the revised liquidation threshold for the address's remaining position sits at $88.50. If HYPE's price continues to slide toward this critical support level, further multi-million-dollar liquidations could be triggered, adding downward pressure to the market.#hype #bainacesquare #bitcoin #Hyperliquid
[ CRYPTO / ON-CHAIN ALERT GRAPHIC ] |
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| HYPE / USDT Liquidation Alert 🚨 |
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| • Liquidated Amount: 11,796 HYPE (~$1.06M) |
| • Remaining Long Position: 47,184 HYPE (~$4.24M) |
| • New Liquidation Price: $88.50 |
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| [ Image Idea: A HYPE trading chart showing a downward spike, |
| overlaid with a red liquidation banner or whale graphic ]