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A Whale Buys 287,000 HYPE and Opens 10x Short Position in 5 Days, Investing $10.5 Million

A Whale Buys 287,000 HYPE and Opens 10x Short Position in 5 Days, Investing $10.5 Million

星球日报2025/06/24 01:39
HYPE+1.84%

Odaily Planet Daily reported, according to monitoring by @OnchainLens, that in the past five days, a whale address deposited 14 million USDC into Hyperliquid and purchased 287,153 HYPE at an average price of $36.56, with a total transaction amount of approximately $10.5 million. Meanwhile, this address is also holding a 10x leveraged short position on HYPE.

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.
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