$HYPE shows liquidation abnormal imbalance.

Blave liquidation map shows that there are clear liquidation-dense areas both above and below the current price. At the same time, according to the liquidation change chart, the recently added liquidation OI ratio has shown an imbalance, indicating that liquidation pressure on both the long and short sides on both sides of the current price is accumulating. The lower liquidation-dense area is $53.1745–$53.4407 (3.23).

This will likely cause market makers to begin liquidation, so be mindful of the risk of a short squeeze / long liquidation cascade.

Data comes from blave.org and does not constitute investment advice.

#HYPE #Liquidation #liquidation map