Hyperliquid whale opens $7.78M 10x HYPE long as price slips 10.4% to $41

HYPE climbed to $47 before reversing and was trading at $41 at the time of writing, down 10.4% on the day. After the drop, a whale opened a 180,000 HYPE long with 10x leverage worth $7.78 million, with liquidation set at $32.8. Derivatives metrics showed long bias and shifting flows, keeping attention on whether $40 support holds or breaks.