A Whale Buys 287,000 HYPE and Opens 10x Short Position in 5 Days, Investing $10.5 Million
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.
You may also like
An address associated with investor Jez San has withdrawn altcoins worth over $75 million from an exchange.
DeFi Development: Unrealized profits exceed $74 million in Q3, no recent increase in SOL holdings
Data: US XRP spot ETF sees single-day net inflow of $10.23 million
