Why HYPE's Bullish Bias Holds as a $101M Whale Climbs Back From Near Liquidation
Photo: Crypto Daily
A large Hyperliquid trader came close to a forced exit this week and then recovered. On-chain data showed the wallet's leveraged longs in Bitcoin, Ether, HYPE and ZEC swinging back into unrealized profit by Nov. 4. The episode puts leverage on the platform back in focus for HYPE holders. The token has recovered part of a weak month, and buyers lead a young trend. Traders now want to know if that support can hold through the next liquidation wave. The address, beginning 0xf08, held long positions across Bitcoin (BTC), Ether (ETH), HYPE and ZEC.
Source: Crypto Daily
