After an 8-month dormancy, the whale that sold HYPE has opened a $11.75 million long position on ETH and a short position on HYPEOdaily Odaily reports, according to Onchain Lens monitoring, the whale who sold HYPE after an 8-month dormancy has now opened a 2x leveraged long position of 2,839 ETH and a 2x leveraged short position of 94,101 HYPE. The total value of these positions is approximately $11.75 million.Data shows that this whale is currently simultaneously going long on ETH and shorting HYPE.