Address 0xBd8c opened a Longing position of 638,441 HYPE with 5x leverage, worth about $20 million.
According to Lookonchain, in the past 15 hours, this address also placed a limit order at $29.5–$30,399 to buy another 200,000 HYPE (≈$6 million), with the current liquidation price at $22.72.
- Longing 638,441 HYPE, 5x leverage, worth ~20 million USD.
- Limit order $29.5–$30,399 to buy another 200,000 HYPE (~$6 million).
- Current liquidation price: 22.72 USD.
Main transaction
0xBd8c opened a Longing of 638,441 HYPE with 5x leverage, worth about $20 million in the last 15 hours.
The address placed a limit order at $29.5–$30,399 to add 200,000 HYPE (≈$6 million). The move indicates an intention to increase the position size around the $29.5–$30,399 price range, as tracked by Lookonchain.
Liquidation threshold and risk
Current liquidation price: 22.72 USD.
With 5x leverage, the position is exposed to significant risk if the HYPE falls to the $22.72 area. The gap between the $29.5–$30,399 pending order zone and the liquidation threshold reflects a limited margin of safety, requiring tight risk management in the short term.
