$HYPE shows abnormal liquidation imbalance.

The Blave liquidation map shows obvious dense liquidation zones both above and below the current price. At the same time, according to the liquidation change chart, the recent newly added liquidation OI ratio is imbalanced, indicating that liquidation pressure from both long and short sides is accumulating above and below the current price. The upper dense liquidation zone is $87.5070–$87.9450 (2.36).

This may cause market makers to start liquidations, so be aware of the risks of a short squeeze / long liquidation cascade.

Data comes from blave.org and does not constitute investment advice.

#HYPE #Liquidation #liquidation map