Gate News reports that on March 18, HYPE price continued to rise, temporarily reaching $42, a nearly 4-month high. The largest HYPE bull, “suspected insider trading of HYPE listing,” has seen its unrealized gains expand to $4.7 million. Today, approximately $4.4 million in margin was withdrawn again, further raising the liquidation price.
Currently, it holds a 5x leveraged long position in HYPE, with a scale of $58.1 million, an average entry price of $38.67, and a floating return rate of 41%. The liquidation price has increased from $27.55 to $30.15. As of press time, the funding fee settlement has recorded a loss of $1.66 million, and the position has not been closed.
This “whale” has been holding the position for nearly five months: on October 23 last year, just before HYPE was listed on a CEX, this address heavily accumulated a long position. When HYPE rose to nearly $50 in early February, it could have taken profits and exited but chose to continue holding.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
$773M Crypto Liquidations Hit Shorts on April 18
On April 18, 2026, crypto markets saw $773 million in liquidations, primarily affecting short traders (77% of losses) due to a sudden price rise. This incident highlighted the risks of leverage in trading, leading to forced position closures.
CryptoFrontier6h ago
ETH falls below 2350 USDT
Gate News bot message, Gate market shows that ETH has fallen below 2350 USDT, with the current price at 2349.73 USDT.
CryptoRadar7h ago
BTC breaks below 76000 USDT
Gate News bot message, Gate market data shows that BTC has broken below 76000 USDT, current price is 75996.9 USDT.
CryptoRadar7h ago
ETH breaks below 2400 USDT
Gate News bot message, Gate market data shows that ETH has broken below 2400 USDT, with the current price at 2399.93 USDT.
CryptoRadar14h ago
MicroStrategy Stock Rallies as Bitcoin Breaks $78K, Unrealized Gains Return to $1.37B
MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.
GateNews15h ago
The Strait of Hormuz is fully reopened, and Bitcoin surged to 78K. MicroStrategy (MSTR) jumped 12%.
Iran announces that the Strait of Hormuz is fully open; oil prices fall sharply as supply concerns ease, and U.S. stock indexes hit record highs. Bitcoin once surged to $78,333 and lifted MicroStrategy’s stock price by 12% in a big jump. Market-wide sentiment improves, and cryptocurrencies also show signs of capital inflows.
ChainNewsAbmedia18h ago
