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Hyperliquid Has $612 Million of Leveraged Longs Below Its Price. How Far Could HYPE Fall?

Source: 247wallst.com

Crypto & Digital AssetsRegulation & LegislationDerivatives & VolatilityInvestor Sentiment & Positioning
Hyperliquid Has $612 Million of Leveraged Longs Below Its Price. How Far Could HYPE Fall?

HYPE faces selling pressure from whale sell-offs, uncertainty over the regulation of its ICE partnership, and hundreds of millions of dollars in leveraged long positions clustered just below the current price. The article describes the token as precariously positioned but gives no price move or specific liquidation level.

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