PEPE Correction Triggers Over $3 Million Unrealized Loss For 10x Leveraged Long Trader

PEPE Correction Triggers Over $3 Million Unrealized Loss For 10x Leveraged Long Trader

An investor with an over-leveraged long bet on frog-themed cryptocurrency Pepe (CRYPTO: PEPE) is now sitting on unrealized losses worth millions of dollars.

PEPE Faces Pressure: Will Bears Drag It to $0.0000066?

PEPE slips over 2%, trading around $0.0000069.   Its daily trading volume has jumped by 26%. The relentless bearish grip on the crypto market has pulled the total market cap down to $2.64 trillion. Meme coins have mirrored the downturn, dropping to $49.7 billion with a 3.4% decline. Among them, PEPE, the frog-themed token, has taken a 2.03% hit. The extended bearish pressure has brought in heavy price volatility. PEPE has ascended to a high of $…

Giant Whale is Trapped: Goes Long with 10x Leverage in this Altcoins And Suffers Huge Losses

The post Giant Whale is Trapped: Goes Long with 10x Leverage in this Altcoins And Suffers Huge Losses appeared on BitcoinEthereumNews.com. According to crypto onchain data, the crypto whale with the short address 0x507 opened a long PEPE position with 10x leverage on the decentralized crypto exchange Hyperliquid on March 24. The whale in question still has a long position open at the time of writing and has currently lost $3.2 million. The PEPE …

The market is in a slump and the big boys are feeling it. A well-known whale has opened a large long position on PEPE on Hyperliquid with a leverage of 10x. No small feat, because it concerns a position of no less than $27.5 million. Unfortunately for him, the... The post Whale loses millions with PEPE long position via Hyperliquid appeared first on Blockchain Stories.

Whale Opens $27.53 Million Leveraged PEPE Long on Hyperliquid

Whale’s $27.53 million PEPE leveraged bet risks liquidation, exposing broader crypto markets to cascading sell-offs and volatility.