A whale long long position experienced partial liquidation; related addresses collectively held nearly $300 million in long positions.
AI Summary1 min read
TL;DR
A whale's long position was partially liquidated, losing over $16 million in HYPE and ETH. The wallet still holds significant long positions worth over $270 million across multiple assets.
Tags
BitcoinLayer 1Halving Tokenswhaleliquidationlong positioncryptocurrencyHYPE
According to ChainCatcher, a whale address that had previously heavily long tens of millions of dollars in long positions recently underwent partial liquidation. The liquidated assets included 431,000 HYPE (approximately $11.1 million) and 1,960 ETH (approximately $5.6 million). Currently, the wallet still holds long positions: 1.726 million HYPE (approximately $44.6 million) and 7,841 ETH (approximately $22.3 million); in addition, it holds long positions in XRP and ETH with a notional value of approximately $230 million in another account.