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BREAKING: Hyperliquid WHALE 🐋 sinks $22M in losses, as bearish dominance reigns and longs get REKT!
Whale tears flowing with $22 million loss in the Hyperliquid abyss 🐋! Bullish dreams sinking faster than Titanic 📉! Any
hearing about whales getting rekt is my favorite hobby 🤣📉 do they need a hug or a new strategy 🐋
hyperliquid whales swimming in a sea of red: futures market turmoil leads to a $22.5 million loss for one whale, as bullish leverage w
After being rejected at $50, Hyperliquid (HYPE) traded down to $22. At $23.2 now, it’s up 1.24% daily but 17.7% weekly. This downtrend caused major losses, especially in futures. Whales in the futures market made large orders, showing increased participation in short or long positions. One whale faced a $22.5 million loss, while most participants took long positions, leading to liquidations of longs and bearish dominance. Bullish leverage dwindled, leaving the market vulnerable to more losses. 🐋
Whales betting on price rebounds led to a Long Short ratio of 1.03, with more optimism for rising prices. Yet, liquidations of long positions increased, with $70 million liquidated in longs compared to $0.54 million in shorts between December 18 and 19. Bearish pressure prevailed, resulting in most long positions being liquidated, as bullish leverage failed to uplift the market. Hyperliquid’s RSI and MAs signaled intense bearish momentum and potential further weakness. 📉
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