Svmuu reports that, according to on-chain analyst Ai Yi's monitoring, a large-scale long-short confrontation has emerged in HYPE. The TOP1 and TOP2 whale positions are acting as counterparties to each other, with a total scale exceeding $60 million, as the market enters a critical phase of the game. Details are as follows:
Whale Loracle holds a 5x leverage short position of 1.44 million HYPE, valued at approximately $68.43 million, with an entry price of about $42.55. It is currently facing an unrealized loss of roughly $7.004 million.
Meanwhile, address 0x082…dca88 holds a 5x leverage long position of 1.38 million HYPE, valued at approximately $65.37 million, with an entry price of about $38.67. It is currently showing an unrealized profit of roughly $11.98 million.