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Whale Holding 1,805 SKHX at 10x Leverage Faces Liquidation Risk on July 8, Just 4.2% Away from Clearance Price

Derivatives Data

2026-07-08 08:25:43

HYPE-4.86%

According to BlockBeats, on July 8, a whale address (0x1cb) holding 1,805 SKHX long positions on Hyperliquid at 10x leverage faces significant liquidation risk. The position, valued at approximately $2.51 million with an average entry price of $1,410, is currently down 14.61% (−$37,200) as SKHX trades at $1,389, down 3.38% in 24 hours. The liquidation price stands at $1,331.11, leaving only $58 of margin buffer, or roughly 4.2% downside before forced liquidation. The whale has placed a stop-loss order at $1,332, just $1 above the liquidation level.

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