INCREASE IN TRADING VOLUME = OPPORTUNITY UNDER THE DEAL!
Using the example of the volume increase in SUI.
When an asset has such a volume increase, there is interest there for a trade.
The longer a token is traded, the more accurate this works.
And price rn: $SUI $1.90
๐จ A hyper-liquid whale faces serious losses.
A long trader on @Hyperliquid (with 20x leverage and 32% open interest) has been hit hard by the current drop.
Here's what happened: ๐งต๐๐ป
Following the "buy high, sell when scared" strategy, their position went from 2,740 BTC to 889 BTC. Ouch.
The total loss? A staggering $15M. ๐ธ
Liquidation price now sits at $57,328, with recent sales of BTC at $60,127.
Holding this position also racked up $2M in funding fees.