・HYPE price has fallen below the $30 mark following the exit of whale trader 'Tummy', who closed a $13.8M long position.
・On-chain monitoring indicates another large holder, 'NMTD', faces imminent liquidation on a ~$27M position backed by borrowed assets.
・The capitulation of early large holders has accelerated the price decline, creating a potential cascade effect on HypurrFi and HyperLend.