Lookonchain
An account identified as 0x1add had 11,796 HYPE worth $1.06 million liquidated as HYPE fell. The wallet still holds 47,184 HYPE valued at $4.24 million, with a new liquidation price of $88.50.
Why it matters
The liquidation shows how leveraged long positions can amplify downside in HYPE. A partial forced close has reduced the position, but the account remains substantially exposed to further losses.
Market impact
The remaining 47,184 HYPE long is the key position to watch. A move to the new $88.50 liquidation price would put the account at risk of another forced close, adding potential selling pressure to the market.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0x1add90cfe379ad9c56c36522a3a4d33e89032671#txs)
Frequently asked questions
-
How much HYPE was liquidated from the 0x1add account?
The account had 11,796 HYPE worth $1.06 million liquidated as HYPE fell.
-
How much HYPE does the account still hold?
The wallet still holds 47,184 HYPE valued at $4.24 million.
-
What is the new liquidation price for the remaining HYPE long?
The remaining position has a new liquidation price of $88.50.
-
Why is the remaining HYPE position significant?
The account remains heavily exposed to further downside because it still holds 47,184 HYPE after the partial liquidation.
-
What could happen if HYPE reaches $88.50?
A move to $88.50 would put the remaining position at risk of another forced close, potentially adding selling pressure to HYPE.
CryptoSlate
Crypto News
TheBlock
WuBlockchain
CoinDesk