Lookonchain said an address had 11,800 HYPE in long positions liquidated about one hour ago, with the liquidated position valued at $1.06 million. The same address still holds a 47,200 HYPE long position worth $4.24 million. The new liquidation price for the remaining position is $88.50. Separately, OKX market data showed HYPE fell below 90 USDT and was last quoted at 89.746 USDT. The update points to continued pressure on the token price while a sizable leveraged position remains open.
According to Lookonchain, an address had 11,800 HYPE in long positions liquidated about one hour ago, with the liquidated amount valued at $1.06 million.
The address still holds a 47,200 HYPE long position worth $4.24 million, and the new liquidation price is $88.50.
OKX market data showed HYPE fell below 90 USDT and was last trading at 89.746 USDT.
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