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After eight months of inactivity, the whale that sold HYPE has opened a $11.75 million long position in ETH and a short position in HYPE
Svmuu News: According to Onchain Lens, the whale that sold HYPE after eight months of inactivity has now opened a 2x leveraged long position of 2,839 ETH and a 2x leveraged short position of 94,101 HYPE, with the total value of these positions amounting to approximately $11.75 million. Data shows that this whale is currently simultaneously long on ETH and short on HYPE.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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