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Whale Opens $35M Leveraged HYPE Position on HyperLiquid
Gate News bot message, a significant trading activity has been observed on HyperLiquid platform in the last 24 hours. A whale trader deposited $7 million USDC and initiated a long position in HYPE token with 5x leverage.
The position details reveal an entry price of $31.9, with a liquidation price set at $22.16. The total position size amounts to $24 million, currently recording an unrealized loss of approximately $1.9 million.