A $1.2 billion sales center on the Hyperliquid platform by $HYPE records an unrealized loss of over $100 million.
The position is open across two separate wallets, making it one of the largest short positions on the platform by total value.
An unrealized loss means the position has not been closed yet, and any further upward move in price could increase the size of the loss even more.
Such massive positions are closely monitored because their liquidation could add pressure to the market and increase volatility.
Press $HYPE to trade
$HYPE
Inviting you to join my group Readings of quantitative data and liquidity flows
https://app.binance.com/uni-qr/ikjpw7wR
The position is open across two separate wallets, making it one of the largest short positions on the platform by total value.
An unrealized loss means the position has not been closed yet, and any further upward move in price could increase the size of the loss even more.
Such massive positions are closely monitored because their liquidation could add pressure to the market and increase volatility.
Press $HYPE to trade
$HYPE
Inviting you to join my group Readings of quantitative data and liquidity flows
https://app.binance.com/uni-qr/ikjpw7wR
