Hyperliquid Whales Bet Big on Cardano but Face Combined $1.71M Unrealized Losses

24-Jun-2026 The Crypto Basic

Hyperliquid Whales Bet Big on Cardano but Face Combined $1.71M Unrealized Losses

Two Hyperliquid whales are betting on Cardano to recover, taking sizable long positions, but they are already in the red as the coin has continued to fall. Cardano (ADA) is in an obvious downtrend, but all hope is not lost for the prominent altcoin.

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Also read: Hoskinson Says “I Just Don’t Want to See Cardano Die,” Believes There’s No Reason ADA Can’t Revisit Previous Highs
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