A Whale Whisker Once Again Accumulates 20,000 HYPE, Accumulating a Total of 220,000 HYPE Since June 11th

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BlockBeats News, July 17th, according to on-chain analyst Ai (@ai_9684xtpa), the whale/entity address 0x008…E295f, which had accumulated 200,000 HYPE in June, once again withdrew 20,000 HYPE from the exchange after 4 weeks, worth approximately $1.18 million.

Since June 11th, the address has withdrawn a total of 220,000 HYPE from the exchange, with a total value of around $14.85 million. The average withdrawal price was $67.51, and the current unrealized loss from holding is approximately $1.945 million.

Source: BlockBeats

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Amid the sharp decline in HYPE, a whale has already attempted to go long below $40, creating buy orders totaling $20 million.

【Whale Watch】 The biggest HYPE long position is less than $4 away from liquidation. If the decline continues, it may trigger the liquidation of a $82 million position.

A certain trader has opened a short position on HYPE against BTC, with a total position value of over $10 million.

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