$HYPE liquidation abnormalities and imbalance appeared.
On the Blave liquidation map, the current price shows clear areas of dense liquidations both above and below. At the same time, based on the recent additions of liquidation OI ratio changes, an imbalance has emerged, indicating that liquidation pressure is accumulating on both the long and short sides above and below the current price. The lower liquidation dense zone is $62.3783–$62.6906 (3.51).
This will likely cause market makers to begin processing liquidations. Be mindful of the risk of a short squeeze / long liquidation cascade.
Data sourced from blave.org and does not constitute investment advice.
#HYPE #Liquidation #liquidation map
On the Blave liquidation map, the current price shows clear areas of dense liquidations both above and below. At the same time, based on the recent additions of liquidation OI ratio changes, an imbalance has emerged, indicating that liquidation pressure is accumulating on both the long and short sides above and below the current price. The lower liquidation dense zone is $62.3783–$62.6906 (3.51).
This will likely cause market makers to begin processing liquidations. Be mindful of the risk of a short squeeze / long liquidation cascade.
Data sourced from blave.org and does not constitute investment advice.
#HYPE #Liquidation #liquidation map
