After HYPE broke through $40, the battle between bulls and bears intensified, with two whale briefly opening long and short positions of millions of dollars each.

According to Mars Finance, on March 25th, Hyperinsight monitoring showed that HYPE entered a tug-of-war between bulls and bears after rising over $40. Two whale on the blockchain opened positions against each other at a narrow liquidation price range. In the past hour, a whale starting with 0xfaa opened a short position in HYPE with 10x leverage, holding $1.03 million, at an average price of $40.22 and a liquidation price of $42.17, currently showing a small unrealized profit of $5,300 (5%). Meanwhile, another whale(0x965) opened a long position in the past few hours at a similar average price, holding $4.7 million, at a liquidation price of $38.1, currently showing a unrealized loss of $33,000 (-7.4%), engaging in a bull-bear battle with the former.