A whale unstaked 443,200 HYPE and sold 232,000 of them

According to Lookonchain monitoring, before the rise in HYPE price, a short trader was closing positions while selling HYPE. The trader unstaked 443,180 HYPE ($27 million), sold 231,899 HYPE ($14.15 million), and is still selling the remaining 211,281 HYPE ($13 million). The trader still holds a short position of 141,500 HYPE ($8.67 million), with floating losses exceeding $2.5 million.