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Whales spent about $50.8 million to increase their HYPE holdings to hedge short positions
2025-03-31 00:25

Odaily News According to OnchainLens monitoring, a whale is hedging short positions on HYPE. In the past 14 days, the whale deposited 112.3 million USDC to HyperLiquid to short HYPE 3 times, with a floating profit of $2.4 million, and purchased 387,417 HYPE at an average price of $13.12, spending $50.8 million and suffering a floating loss of $270,000.

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