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Whale shorting HYPE with 5x leverage and unrealized losses of 18.8 million USD, added 2.04 million Margin 2 hours ago to survive.
PANews reported on May 22 that according to Ember, a giant whale has been short 1.875 million HYPE (worth $57.14 million) with 5 times leverage since May 8, with an opening price of $20.4. Due to the continuous rise of HYPE, the position currently has a floating loss of $18.8 million. In order to prevent liquidation, the address has made three margin calls, the latest of which was an additional $2.04 million in USDC two hours ago, and the current liquidation price is $32.6.