An interesting case on the chain: one of the whales, address 0xBd8, got caught on $HYPE . The guy opened a long position with 5x leverage, but the calculation didn’t add up—when closing the position, he lost 7.18 million in a single session. And if you count all the losses together, it’s a total of 8.09 million in the red. Judging by the Onchain Lens data, after such a blow the whale completely withdrew the remaining funds from the platform. These are the kinds of expensive lessons you get when trading with leverage.