A whale used 5x leverage to go long approximately $20 million worth of HYPE, with a liquidation price of $22.72.

According to Lookonchain monitoring, Odaily Planet Daily reports that address 0xBd8c established a 5x leveraged long position in HYPE within the past 15 hours, with a position size of approximately $20 million and a total of 638,441.54 HYPE tokens. It also placed limit buy orders in the $29.5-$30.399 range, planning to add another 200,000 HYPE tokens, amounting to approximately $6 million. The current liquidation price for this position is $22.72.