A whale shorting 1.875 million HYPE with a $28.5 million margin is currently facing an unrealized loss of $18.8 million
According to on-chain analyst Ember's monitoring, a whale who shorted 1.875 million HYPE (worth $57.14 million) using a $28.5 million margin is currently facing an unrealized loss of $18.8 million. To avoid liquidation, they added an additional $2.04 million USDC margin 2 hours ago. They initially shorted 1.875 million HYPE with 5x leverage on May 8th, with an opening price of $20.4. As HYPE continued to rise, they have added margin twice to maintain the position, and the current liquidation price is at $32.6.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
House of Doge (HODO.US) executives resign and terminate exclusive Dogecoin authorization
The former CEO and CFO of House of Doge have resigned, with executives from McQueen Labs taking over. The company has terminated its exclusive trademark authorization for Dogecoin, switching to a non-exclusive model that requires revenue sharing. Meanwhile, asset swaps and acquisitions are being advanced.
Vietnam VN Index closed down 0.6%
Windward Bio (WWB.US) plans to list in the US and aims to raise up to 100 million dollars, with multiple drugs licensed to Chinese pharmaceutical companies.
Windward Bio Group filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to 100 million dollars.
A Contrarian Amid the Selloff in French Bonds: 370 billion AUD Pension Fund Increases Holdings, Betting That Fiscal Risks Are Overestimated
Australia's second largest pension fund is buying French government bonds. The institution believes that the market has overreacted in pricing France's fiscal predicament and the European Central Bank's interest rate hike outlook.
Crypto prices
More
