$HYPE has encountered an abnormal liquidation imbalance.
The Blave liquidation map shows clear liquidation zones both above and below the current price. At the same time, the recent changes in liquidation open interest (OI) ratios indicate an imbalance, suggesting that both long and short liquidation pressures are building up around the current price level. The upper liquidation zone is between $71.8296 and $72.1892 (2.09).
This could trigger market makers to start liquidating positions, so be aware of the risks of a short squeeze or long liquidation cascade.
Data sourced from blave.org, not intended as investment advice.
#HYPE #Liquidation #liquidation_map
The Blave liquidation map shows clear liquidation zones both above and below the current price. At the same time, the recent changes in liquidation open interest (OI) ratios indicate an imbalance, suggesting that both long and short liquidation pressures are building up around the current price level. The upper liquidation zone is between $71.8296 and $72.1892 (2.09).
This could trigger market makers to start liquidating positions, so be aware of the risks of a short squeeze or long liquidation cascade.
Data sourced from blave.org, not intended as investment advice.
#HYPE #Liquidation #liquidation_map