Hyperliquid Whale's $5.2M DRAM Long Faces Liquidation, Just $2.7 Below Clearing Price

According to Hyperinsight, a whale on Hyperliquid holds a $5.2 million DRAM long position with liquidation price at $68, just $2.7 away from the current price of $70.68 as of June 29. The whale, operating address 0x7b5, opened the position in early June with 20x leverage and repeatedly rolled over, pushing the liquidation threshold above the entry average.

Meanwhile, the largest short seller on the platform, 0x4e23, holds a $14.29 million DRAM short with 6x leverage at an average price of $77.73 and has already accumulated $1.47 million in unrealized gains as prices declined.