A certain whale spent 50.8 million dollars to increase its holdings in HYPE as a hedge against short positions
According to Onchain Lens monitoring, a certain whale is short selling HYPE in spot hedging. In the past 14 days, this giant whale deposited 112.3 million USDC into HyperLiquid to short HYPE three times, making a floating profit of $2.4 million and purchased 387,417 HYPE at an average price of $13.12, spending $50.8 million and suffering a floating loss of $270 thousand dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Freeman Gold announces annual shareholder meeting
Televisa says no financial change behind unusual move in TLEVISA CPOs
Rig Tenders Indonesia says unaware of material information behind share volatility
Crypto prices
More
