As the HYPE price fell, a whale's $1.06 million long position was liquidated.

BlockBeats news, September 28th, according to Lookonchain monitoring, as the HYPE price drops, HYPE long positions continue to be liquidated.

On-chain data shows that an address was liquidated 11,796 HYPE an hour ago, worth approximately $1.06 million, and currently still holds 47,184 HYPE long positions, worth approximately $4.24 million, with a new liquidation price of $88.50.