$STRK RK is putting leveraged traders under serious pressure! On October 17, the token’s Hyperliquid contract traded at $0.0665, marking a roughly 13% decline from the previous day’s reference price.
Whale #1: A massive long position of 64.2 million STRK suffered an unrealized loss of approximately $1.019 million, with ROI plunging to around -96%.
Whale #2: Another trader saw 21.36 million STRK forcibly liquidated, realizing a loss of nearly $207,000.
Interestingly, the second whale later re-entered the market with a new 4.79 million STRK long position using 5x isolated leverage, with liquidation near $0.059.
The big question: Is this a potential recovery opportunity, or could STRK face further downside?
#STRKToken #starknet #CryptoNews #Hyperliquid #Write2Earn!
Whale #1: A massive long position of 64.2 million STRK suffered an unrealized loss of approximately $1.019 million, with ROI plunging to around -96%.
Whale #2: Another trader saw 21.36 million STRK forcibly liquidated, realizing a loss of nearly $207,000.
Interestingly, the second whale later re-entered the market with a new 4.79 million STRK long position using 5x isolated leverage, with liquidation near $0.059.
The big question: Is this a potential recovery opportunity, or could STRK face further downside?
#STRKToken #starknet #CryptoNews #Hyperliquid #Write2Earn!