🏦 The headline figure is a profit of $428.56 million, but what matters more is the $1.05 billion in short positions that remain open. $HYPE
A quick read suggests the two accounts made a profit and closed out the trade. A closer look says otherwise: the short positions are still open, and the profit has not been fully realized yet.
If selling pressure continues, the profit could grow. But if a sudden upward move comes, the numbers could change quickly.
Bottom line: watch the size of the open positions, not just the profit figure.
Who do you think this affects most: long-term coin holders, active traders, or newcomers?
#Hyperliquid #Liquidation
Tap BTC to trade
This content is for informational purposes only and is not financial advice.
Tap $HYPE to trade
$HYPE
Others have already followed. Visit my profile and join those who read the news before it spreads.
A quick read suggests the two accounts made a profit and closed out the trade. A closer look says otherwise: the short positions are still open, and the profit has not been fully realized yet.
If selling pressure continues, the profit could grow. But if a sudden upward move comes, the numbers could change quickly.
Bottom line: watch the size of the open positions, not just the profit figure.
Who do you think this affects most: long-term coin holders, active traders, or newcomers?
#Hyperliquid #Liquidation
Tap BTC to trade
This content is for informational purposes only and is not financial advice.
Tap $HYPE to trade
$HYPE
Others have already followed. Visit my profile and join those who read the news before it spreads.
