Woofun AI data shows that HYPE price declined 10.5% in 24 hours to $59.6, bringing a large long position closer to liquidation. The account holds 1.38 million HYPE with a total value of approximately $82.6 million and an entry price of $38.67. Since October, the position has generated a return of about 274.6%, though funding costs have exceeded $4.03 million. Recent activity includes daily fund withdrawals totaling $8.9 million, with an additional $1.9 million USDC removed on July 12th. These withdrawals have reduced available margin, raising the liquidation price to $55.87. With current equity at $12.28 million and margin around $16.536 million, the price is now within 6.5% of the liquidation threshold. If the mark price drops to $55.88 without further margin adjustment, the position will be liquidated.