A whale sold 50,000 HYPE and opened a 10x leveraged short position of $10.55 million on HYPE

Odaily reported that according to Lookonchain monitoring, over the past 10 hours, a whale sold 50,000 HYPE, worth $2.41 million, while simultaneously opening a 10x leveraged short position of 223,404 HYPE, valued at $10.55 million.