Whale trading in the cryptocurrency market

A cryptocurrency whale has made a notable move on the Hyperliquid platform, with an investment of $1.8 million USDC. The goal is to strengthen the short position with HYPE Token. The total investment amount of this whale over the week has reached $10.36 million.

The whale has established a 5x leveraged position, currently valued at $29.1 million. However, this investment comes with the risk of a temporary loss of $1.24 million. The liquidation level is set at a Token price of $25.01, putting pressure on the investment strategy.

This information is not investment advice, but merely aims to provide an overview of the current cryptocurrency market movements.

Source: https://tintucbitcoin.com/ca-voi-dat-cuoc-9-trieu-usd-vao-hype-lo-124-trieu-usd/

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