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A Whale using 5x leverage shorting HYPE added 2 million USDC Margin half an hour ago.
PANews reported on May 22 that on-chain data shows that since May 8, the whale address that has been short 1.875 million HYPE (worth $57.54 million) with 5 times leverage, the opening price is $20.4. Due to the continuous rise of HYPE, the position currently has a floating loss of $19.2 million. In order to prevent liquidation, the address has made five margin calls, the latest one was a $2 million USDC half an hour ago, and the current liquidation price is $33.6.