HYPE Hits a Critical Juncture as Whale Long-Short Faceoff Tops $60M
Odaily Planet Daily, citing on-chain analyst Aunt Ai, said HYPE is in a high-stakes long-short standoff, with the two largest whale positions effectively taking the other side of each trade. Together, the opposing bets exceed $60 million, pushing the market into a critical negotiation phase.
Yujin Loracle is holding a 5x leveraged short of 1.44 million HYPE, valued at about $68.43 million, with an entry price near $42.55. The position is showing an unrealized loss of roughly $7.004 million.
On the other side, wallet 0x082…dca88 holds a 5x leveraged long of 1.38 million HYPE, worth about $65.37 million, entered around $38.67. The position is currently up an unrealized profit of approximately $11.98 million.