A certain whale went long on HYPE and faced a unrealized loss of nearly $20 million, with a liquidation price of $20.65.

BlockBeats News, December 18th, according to OnchainLens monitoring, as HYPE dropped below $25, a whale account holding a 5x leveraged long position on HYPE is currently facing over $19.6 million in unrealized losses.

To avoid liquidation, the whale has deposited an additional $2 million USDC as collateral, and the liquidation price of this position is currently $20.65.