whale collateral
A whale has increased its collateral by $4.1 million on long positions in STRK and HYPE, which are currently experiencing an unrealized loss of $1.5 million. This significant addition of collateral indicates the whale’s confidence in these assets, despite the existing losses. The market dynamics surrounding STRK and HYPE have been challenging, leading to the current unrealized losses. However, the increase in collateral suggests a strategic move by the whale to potentially mitigate risks associated with these positions.
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