A major whale opens a $20.8 million long BTC position; shortly after opening the position, it is only 0.7% away from liquidation.
According to Hyperinsight monitoring, under the influence of HYPE’s continuous afternoon decline, a Hyperliquid whale fully closed its long position in HYPE, incurring a loss of approximately $1.52 million. This long position had previously reached $18.42 million.