$HYPE margin call abnormal imbalance appears.

Blave’s liquidation map shows that around the current price, there are clear dense liquidation zones both above and below. At the same time, according to the recent change in liquidation, the newly added liquidation OI ratio shows an imbalance, indicating that liquidation pressure on both the buy and sell sides above and below the current price is accumulating. The lower liquidation dense zone is $56.8904–$57.1752 (2.77).

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

Data from blave.org; not investment advice.

#HYPE #Liquidation #liquidation map