COINOTAG News, citing HyperInsight, reports renewed pressure in the HYPE market as a cascade of long liquidations unfolds. The latest window shows approximately $19.2 million in HYPE long liquidations, with about $5.15 million in realized losses. The next HYPE long liquidation price at this address sits near $22.2, roughly 1.44% below the current level. Position size runs about $12.75 million, with an unrealized loss of $4.91 million (−192%), at an average fill around $31.25. The address also holds ETH longs of about $7.23 million, unrealized losses near $0.77 million (−212%), with a liquidation price near $2,757.
Yesterday marked the largest single HYPE long liquidation on the network, totaling about $11 million for a single whale. Over the past two days, cumulative liquidations approximate $56.8 million, with total realized losses exceeding $13.1 million.
These dynamics highlight leverage risk in volatile tokens such as HYPE. Traders should monitor risk thresholds and key price levels to gauge potential further movements in both HYPE and related assets.
Source: https://en.coinotag.com/breakingnews/hype-longs-liquidated-in-19-2m-cascade-as-whale-suffers-over-13-1m-realized-loss-in-2-days
