DeFi· ★★· bullish·

smartestmoney.hl wallet holds $132M HYPE long with $78.94M unrealized profit

  • smartestmoney.hl wallet holds 1.38 million HYPE in a $132 million long
  • Unrealized profit rose from $54.97 million to $78.94 million
  • Cumulative profit on the position stands at $71.56 million
  • Entry $38.68, current price $95.88, liquidation level $73.26
Why it matters: A large long with liquidation at $73.26 highlights leverage on Hyperliquid and the risk of cascading liquidations if HYPE pulls back.
Source: TokenPost