$HYPE shows liquidation abnormal imbalance.

Blave liquidation map shows a clear dense liquidation zone above the current price. At the same time, based on the liquidation changes chart, the recent newly added liquidation OI ratio shows an imbalance, indicating that the liquidation pressure on shorts above the current price is accumulating. The dense liquidation zone is located at $59.9316 – $60.2317 (cluster score 2.01), with the ratio of newly added liquidation amounts above and below reaching 2.62.

This will cause market makers to start liquidating; be mindful of the risk of a short squeeze.

Data from blave.org; not investment advice.

#HYPE #Liquidation #liquidation map