## Large Whale Address Undergoes Partial Liquidation, Remaining with Significant Exposed Positions



According to BlockBeats and analyzed by chain monitoring tools on December 18, a major cryptocurrency holder experienced a significant forced liquidation event. The account triggered a partial position closure due to market movements, resulting in substantial asset disposal.

### Liquidation Details and Affected Assets

The forced closeout involved substantial holdings. The whale address liquidated 431,000 HYPE tokens (equivalent to approximately $10.3 million based on the current price of $23.82 per token) and 1,960 ETH units (roughly $6.1 million USD, considering ETH trading at $3.11K). The total value of the liquidated positions reached over $16 million in a single event.

### Remaining Exposure at Current Holdings

Despite the partial liquidation, this address remains heavily exposed to the cryptocurrency markets. In the primary wallet account, the entity continues to hold:

- **1.726 million HYPE** tokens ($41.1 million USD value)
- **7,841 ETH** holdings ($24.4 million USD equivalent)

In the secondary account also connected to the same whale, additional substantial long positions are present, focusing on XRP and ETH pairs, with a combined nominal value reaching approximately $230 million USD.

### Overall Position Assessment

The total exposed positions across all wallets amount to a figure close to $300 million USD. This indicates a high concentration risk and directional betting on cryptocurrency assets. The partial liquidation event reflects market volatility and the potential impact of leverage on large-scale trading positions.
HYPE4,71%
ETH1,41%
XRP0,33%
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