$HYPE shows abnormal liquidation imbalance.

The Blave liquidation map shows a clearly concentrated liquidation area below the current price. At the same time, according to the liquidation change chart, the recently added liquidation OI ratio is showing an imbalance, indicating that the liquidation pressure on long positions below the current price is accumulating. The ratio of newly added liquidation volume between the upside and downside is only 0.40.

This will cause market makers to begin liquidation. Be mindful of the risk of a long liquidation cascade.

Data from blave.org; not investment advice.

#HYPE #Liquidation #liquidation map