A whale has closed out its 5x leveraged long position in HYPE, incurring a loss of approximately $7.18 million.
According to Mars Finance, on January 15th, Onchain Lens monitoring revealed that whale "0xBd8" closed out its 5x leveraged long position in HYPE, incurring a loss of approximately $7.18 million. In total, the whale lost $8.09 million and withdrew the remaining funds from HyperLiquid.