Whale faces $23 million unrealized loss! HYPE's downward trend is fierce, and 5x leverage longs are nearing liquidation.

RumbleValidator · 2026-01-20T14:44:10+00:00

HYPE recently fell below $22, causing a whale's 5x leveraged long position to be underwater by over $23.3 million, with approximately $1.25 million paid in funding rates to maintain the position. If HYPE continues to decline to $19.32, it may face liquidation. This serves as a reminder to investors that high leverage carries significant risks.

RumbleValidator

2026-01-20 14:44:10

Abstract generation in progress

【Blockchain Rhythm】HYPE recently fell below the $22 mark, triggering a chain reaction in the market. According to on-chain data, a single whale’s 5x leveraged long position is already in trouble — unrealized losses have exceeded $23.3 million, which is quite significant. Even more heartbreaking, this whale has paid approximately $1.25 million in funding fees to maintain the position. The current situation is becoming increasingly dangerous, with the liquidation price stuck at $19.32. If HYPE continues to decline, this massive position could be liquidated instantly. This situation reminds us that while high leverage can amplify gains, it also exponentially increases risks — especially during periods of high market volatility.

HYPE-7,25%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
3
Repost
Share

Comment

0/400

HashRatePhilosopher

· 1h ago

This whale is really a brave warrior. A floating loss of $23.3 million and still holding on. If it were me, I would have already run away. --- Playing with 5x leverage in this kind of market is playing with fire. The liquidation price is right in front of you. HYPE will be gone if it drops a little more. --- A funding rate of 1,250,000… This guy is really working for the exchange. Leverage can really destroy people. --- Seeing news like this, you know the bottom is not far away. Someone is always using blood and tears to accumulate market bottoms. --- Liquidation at 19.32, now over 22… Honestly, it's a bit risky. If it drops below this level, it will definitely be a disaster. --- Daring to hold such a heavy position with 5x leverage long, the courage is really big, but indeed, can't afford to lose. --- Another legendary story of a whale. Every time such news comes out, retail investors should reflect on their positions. --- $23.3 million… How many ordinary people's assets is that? Still, it's necessary to quit leverage. --- HYPE has fallen so sharply, it feels like the main force is shaking out, eating the stop-loss orders of this whale. --- Looking at this operation, it's not trading, it's gambling.

View OriginalReply0

MEVHunterWang

· 1h ago

This whale is truly a living textbook, with 23.3 million evaporating directly. If you can't handle 5x leverage, don't play.

View OriginalReply0

ZKProofEnthusiast

· 1h ago

Playing HYPE with 5x leverage, this whale is really a bit greedy. $23.3 million floating loss... and still pouring more funds into it. The fee rate, this is the gambler's mentality. --- Breaking below $19.32 directly triggers liquidation, just waiting to see the show. --- HYPE's recent plunge is truly incredible, a nightmare scene for leverage traders. --- $1.25 million fee rate... how much are they losing? Might as well just admit defeat. --- The liquidation price is right in front of us. If it drops a little more, this whale will be completely out. --- Looking at this situation, it seems like a liquidation is imminent. High leverage is indeed poison. --- HYPE is falling so sharply, I’m sweating for that whale. --- $23.3 million just gone? Leverage really isn’t something humans should play with. --- The funding rate is almost eating through the principal, yet they keep holding on. That operation is incredible. --- Once it breaks below $19, this whale will become a big fish haha.

View OriginalReply0