On January 15, whale 0xBd8 exited a high-leverage HYPE trade with Blockchain data showing $8.09 million cumulative losses before withdrawing all funds from HyperLiquid.
On January 15, blockchain analytics revealed that whale address 0xBd8 closed a 5x leveraged long position on the HYPE token with a $7.18 million loss. The trader’s total losses amounted to $8.09 million before withdrawing all remaining assets from the HyperLiquid cryptocurrency derivatives exchange.