A whale spends $4.26 million to purchase 100,000 HYPE tokens for staking
According to Onchain Lens monitoring, a whale deposited 8 million USDC into HyperLiquid and spent $4.26 million to purchase 100,000 HYPE at a price of $42.58 each, subsequently staking them. In addition, this whale also shorted HYPE with 10x leverage, SPX with 5x leverage, and FARTCOIN with 3x leverage. The whale also holds short positions in SOL, TRUMP, SUI, and BONK, and holds spot VAPOR. Overall, this whale has already earned over $28 million.
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