A whale went long on HYPE with 5x leverage, suffering a unrealized loss of $12.01 million.

BlockBeats News, December 8th, according to Ashes Monitor, a whale entered a long position with 5x leverage at an average price of $38.6 for 1.38 million HYPE tokens (approximately $41.36 million). The whale is currently at a unrealized loss of $12.01 million, with a liquidation price of $23.7.