On chain HYPE long whale suffered severe losses, with the largest holding address losing $21.3 million

On January 20th, HyperInsight monitoring showed that the top 30 HYPE long whales in the on chain position list all suffered significant losses. Among them, the largest long position address 0x082e is suspected to be related to insider trading on HYPE. The current position size is about 31.9 million US dollars, with an average price of 38.67 US dollars, a floating loss of 21.3 million US dollars (-337%), and a liquidation price of about 20.13 US dollars. The HYPE long giant whale, which was liquidated for 26 million on December 18th, is now the second largest long on the chain, with a holding size of about 13.06 million US dollars, an average price of 38.67 US dollars, a floating loss of 4.61 million US dollars (-177%), and a liquidation price of about 21.3 US dollars. The address of the nearest 10 million level whale to liquidation starts with 0x1c2, with a liquidation price of $22.32, only 2.87% away from liquidation. The position size is about $11.14 million, with a floating loss of $910000 (82%). The address holds multiple BTC orders in its entire portfolio, which has resulted in significant floating losses and is approaching liquidation. The two positions share margin, and if the currency drops by more than 2% simultaneously, the liquidation risk is extremely high.