HyperInsight data reveals top 30 HYPE whales are in significant losses, with major positions nearing liquidation thresholds amid BTC and HYPE declines.
On January 19, Bitcoin’s price fell over $3,000 in under two hours, triggering heavy liquidations on Hyperliquid, including a $25.83 million BTC long. New HyperInsight data shows all top 30 HYPE long whales are in losses. The largest whale holds $31.9 million in HYPE at an average of $38.67, down $21.3 million, with liquidation at $20.13. Another major whale faces liquidation at $22.32, also carrying a losing BTC long. Despite volatility, Bitcoin’s open interest rose to 663,900 BTC, about 14,000 more than the previous day.