Odaily Planet Daily reports, according to Onchain Lens monitoring, over the past two hours, a whale opened a 10x leveraged short position on HYPE, currently holding 218,406 HYPE tokens with a position value of $11.16 million and a liquidation price of $60.98. The whale also sold 64,401 HYPE tokens in exchange for 3.08 million USDC.
Whale opens a 10x leverage short position on HYPE, holding 218,406 HYPE
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Summary
Whale activity in HYPE trading has intensified as a major player opened a 10x leveraged short position, holding 218,406 HYPE tokens valued at $11.16 million, with a liquidation price set at $60.98. In related position moves, the whale also sold 64,401 HYPE tokens for 3.08 million USDC. This highlights active whale positioning in the market.
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