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A certain whale is HYPE long, with an unrealized loss of $16.7 million, having already deposited 1.2M U as collateral.

2026-02-23 16:35

BlockBeats News, February 24th, according to Onchain Lens monitoring, a whale deposited $1.2 million USDC into HyperLiquid to prevent its HYPE long position (5x leverage) from being liquidated. The position is currently carrying an unrealized loss of $16.7 million and has already lost $1.6 million in funding fees.

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