HYPE: Whale Expands Short to $69.3M Position
HYPE whale increases 5x short to 1.44M tokens at $69.3M with $69.64 liquidation and $8M floating loss as price holds $48.35.
SourceAnalysis
HYPE whale Loracle.hl has added to the 5x short, now holding 1.44M tokens worth $69.3M with liquidation at $69.64 and an $8M unrealized loss according to on-chain data from @OnchainLens.
Price action on the 4h chart shows HYPE trading at $48.35 inside the Bollinger band with upper resistance at $48.66 while the EMA50 at $43.54 and EMA200 at $41.91 continue to anchor the bullish structure; MACD remains in golden cross territory at 1.28 and RSI sits neutral at 67.56, suggesting any rejection at the upper band could trigger a measured pullback toward the 50-EMA before the next leg higher in this HYPE price prediction setup.
Onchain Lens
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