After turning a profit of $2.28 million, a whale opened a short position, establishing a 5x short on HYPE worth $13.6 million.

Odaily Planet Daily News According to Onchain Lens monitoring, a whale closed its long position on HYPE, profiting $2.28 million, and subsequently opened a 5x short position on HYPE worth $13.6 million. The whale also sold 40,000 HYPE for $2.85 million, still holding 150,000 HYPE, with a position value of approximately $10.75 million, and a spot profit of $6.4 million.