A Whale Trader's Heavy Long Position Faces Partial Liquidation, with the associated address holding a total of nearly $300 million in long positions

BlockBeats News, December 18th, according to MLM Monitor, a certain whale address, after holding a heavy long position of tens of millions of dollars earlier, recently experienced partial liquidation. The liquidated assets include 431,000 HYPE tokens (about $11.1 million) and 1,960 ETH (about $5.6 million).

Currently, the wallet still holds long positions of 1.726 million HYPE tokens (about $44.6 million) and 7,841 ETH (about $22.3 million); additionally, it also holds long positions in XRP and ETH with a notional value of about $230 million in another account.