HYPE gets whale liquidation of $9.15 million, long positions face continuous loss dilemma

rugdoc.eth · 2026-01-12T20:29:53+00:00

On January 9th, a whale address closed a $9.15 million HYPE long position, incurring a loss of $220,000, indicating a change in market trend. The address previously executed 3 short positions, earning $172,000, and the strategy adjustment may suggest a shift in market direction. HYPE is currently priced at $24.04, with a daily average trading volume of $8.74 million, indicating an active market.

rugdoc.eth

2026-01-12 20:29:53

Abstract generation in progress

On-chain data monitoring shows that a large closing trade on January 9th drew market attention. A whale address completed a total of $9.15 million in HYPE long position closing at 11:36 AM that day, resulting in a loss of $220,000.

What story do the whale’s trading records tell?

Interestingly, the same whale address has not been new to the HYPE market. Reviewing its trading history, the address has executed 3 short positions, which have accumulated a profit of $172,000. The recent long position loss contrasts sharply with the previous short-term gains, reflecting a shift in market sentiment and adjustments in the whale’s strategy.

Market Overview

Currently, HYPE trading remains active. According to the latest data, the current price is $24.04, with an average daily trading volume of $8.74 million, indicating ongoing market participation.

From the overall performance, the whale address has shifted from a previous purely short-term profit strategy to opening long positions, and now to a loss-close. This series of operational changes suggests that large investors are adjusting their market outlook, serving as a risk warning signal for other on-chain observers.

HYPE7,16%

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