Trader "watershedpath" is currently managing the largest on-chain long position in HYPE, valued at over $80 million. Over the past two weeks, the trader has incurred a loss of $18 million as HYPE's price has declined from its recent highs. With $16 million of margin remaining, "watershedpath" faces liquidation if HYPE's price falls by an additional $6.
Trader Faces $18M Loss on HYPE Long Position
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
