A post I came across at 10:57: An address trimmed its position near the highs by 261,900 HYPE, making a profit of $21.48 million, with an ROI of over 2,119%.
News like this tends to hit highly leveraged positions first, so liquidation data is worth watching. The most important thing isn’t the headline, but how funds react over the next few hours.
$HYPE . If there’s a reversal, I’ll post an update here.