According to Onchain Lens, HYPE traded below 22.5 and a tracked whale’s 5x long is showing an unrealized loss of roughly 22.5 million, with a liquidation level highlighted at around 20.66; source: Onchain Lens on X https://twitter.com/OnchainLens/status/2001814249887404410. According to Onchain Lens and the linked trackers, the whale deposited 2 million USDC to increase margin, shifting the reported liquidation price to approximately 20.65; sources: Onchain Lens on X https://twitter.com/OnchainLens/status/2001448310905962860, HyperBot trader page https://hyperbot.network/trader/0x082e843a431aef031264dc232693dd710aedca88, and CoinMarketMan HyperTracker wallet page https://app.coinmarketman.com/hypertracker/wallet/0x082e843a431aef031264dc232693dd710aedca88. For traders, the key levels referenced by these sources are the spot area near 22.5 and the liquidation threshold around 20.65–20.66 cited by the trackers and Onchain Lens, which define the margin status of the position; sources: Onchain Lens on X https://twitter.com/OnchainLens/status/2001814249887404410 and https://twitter.com/OnchainLens/status/2001448310905962860, HyperBot trader page https://hyperbot.network/trader/0x082e843a431aef031264dc232693dd710aedca88, CoinMarketMan HyperTracker https://app.coinmarketman.com/hypertracker/wallet/0x082e843a431aef031264dc232693dd710aedca88.

According to @OnchainLens, as HYPE trades below $25, a whale holding a 5x long is sitting on an unrealized loss exceeding $19.6 million, based on the HyperBot trader page data (source: @OnchainLens; HyperBot trader page). The same source reports the whale deposited $2 million USDC to avoid liquidation, shifting the reported liquidation price to $20.65 (source: @OnchainLens; HyperBot trader page). For trading, the $20.65 liquidation level flagged by the source is the key trigger point for that wallet’s position, with $25 and $20.65 as immediate levels to monitor highlighted by the source (source: @OnchainLens; HyperBot trader page).