Data: HYPE is in a tug-of-war around the $40 mark, with the latest whale opening a short position using 5x leverage

According to monitoring by Hyperinsight, after the market rise this morning, HYPE rebounded to around 40 dollars and fluctuated, with a 24-hour decline still reaching 3%. The latest whale (0xec8) on Hyperliquid opened a 5x leveraged HYPE short position in the past hour, with an average price of 40.04 dollars and a liquidation price of 46.6 dollars, with a position size of approximately 3.38 million dollars.

In addition, among the whales that opened positions during the day (with a size over 1 million dollars), the address (0x4a8) closest to the liquidation line opened a position at 1 PM today, with an average price of 39.64 dollars, and has now turned from profit to loss. If HYPE rises to 41.6 dollars, this position will trigger liquidation.