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With a total position value of $126.8 million, a certain "whale" opened a 3x leveraged short position on HYPE and incurred an unrealized loss of $3.3 million.
Svmuu News: According to Onchain Lens, a whale deposited 6.3 million USDC into Hyperliquid about 3 hours ago and opened a 3x HYPE short position, The position consists of 692,200 HYPE tokens, valued at $49 million, with an entry price of $66.02 and a marked price of $70.78, resulting in an unrealized loss of $3.3 million. The whale’s five current positions have a combined value of $126.8 million, with a cumulative historical profit of $4.39 million.
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Source：Odaily · Source Link
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