Long whale on Hyperliquid enters a 14 million HYPE position

tx_pending_forever · 2026-01-13T09:32:44+00:00

A significant long position of 601,000 HYPE tokens, worth $14.73 million, has been opened on the Hyperliquid platform by a whale trader using 9.5x leverage, highlighting both confidence in HYPE's direction and associated risks.

tx_pending_forever

2026-01-13 09:32:44

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A new long position movement on Hyperliquid platform has attracted attention. According to on-chain data, a whale trader has placed a significant bet: a total of 601,000 HYPE tokens with a long position worth $14.73 million.

Position Details and Risk Factors

The notable aspect of this transaction is that the open position is financed with 9.5x cross-margin leverage. Data indicates a liquidation level at $22.9. Currently, with HYPE trading at $24.58, the position holder has approximately $1.68 of safety margin. However, this ratio is considered a relatively narrow margin for high-leverage trades.

Market Significance of the Long Whale Movement

Such large positions on Hyperliquid are closely monitored by market participants. The $14.73 million long position opened with 9.5x leverage indicates that the trader has a very strong conviction about the direction of HYPE. However, high-leverage positions like this carry a rapid liquidation risk in the face of volatility and sudden price movements.

While this kind of activity by long whale actors is often seen as a hopeful signal in the market, it continues to be observed carefully from a risk management and position sizing perspective.

HYPE-3,16%

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