🚨 $HYPE WHALE UNDER PRESSURE 🚨

The well-known #HYPE bull — wallet 0x082e — is now sitting on a massive unrealized loss.

Position details:
• 1.38M HYPE (~$35.9M position)
• 5x leverage (cross)
• Current loss: –$17.47M

Instead of closing… he doubled down.

Today, he deposited another 2.4M $USDC into Hyperliquid to defend the position and avoid liquidation.

New liquidation price: $23.91

At this size, every dollar move in $HYPE swings millions in PnL.
He’s already absorbed a brutal drawdown — and is still holding.

Two possibilities now:

1️⃣ $HYPE rebounds and this becomes a legendary comeback
2️⃣ Price revisits $23.91 and it turns into a forced liquidation.

Eyes on $HYPE.