Learn about the dangers of PEPE whale liquidation and its impact on market volatility. Understand the risks of leveraged trading in crypto markets.
A crypto whale with a leveraged position of 10x on the digital asset PEPE on the Hyperliquid platform faces the risk of liquidation. The whale’s high-risk position may lead to extensive sell-offs and increased market volatility in unstable market conditions. To prevent liquidation, the whale has added $3.818 million as additional margin, indicating the pressure to maintain the position. If the position is liquidated, it can trigger further PEPE price decline, affecting the entire market.
