TechFlow news: On June 4, according to Hyperinsight monitoring data, a Hyperliquid whale fully closed its HYPE long position amid HYPE’s sustained afternoon decline, incurring losses of approximately $1.52 million. This long position had previously reached $18.42 million.
Within the past hour, the whale swiftly reversed its position and entered BTC, opening a long position of 330.2 BTC with 40x leverage—valued at approximately $20.8 million—with an average entry price of $63,303 and a liquidation price of $62,455. This makes it the BTC long position on Hyperliquid closest to liquidation, sitting less than $500 (0.7%) away from liquidation.




