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New Wallet Establishes $4.72M 10x Leverage Long Position in HYPE

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HYPE
$24.367-1.91%
A new wallet, 0x7796, has opened a 10x long position of 207,497 HYPE tokens, totaling $4.72 million. The liquidation price is set at $13.681. Traders are watching for long-term price movement. For those asking, what is the risk? A sharp drop could trigger immediate liquidation.
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