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A whale received 55.68 million HYPE, sold it, and opened a 5x leveraged short position worth over $32 million

2026-04-30 08:30

Odaily Planet Daily reported that according to Onchain Lens monitoring, the whale Loracle.hl (@loraclexyz) received 55.68 million HYPE (worth $22 million), then began selling the token while increasing a short position in HYPE with 5x leverage, with the short position valued at over $32 million.