A whale unstaked 443,200 HYPE and sold 232,000 of them
2026-05-25 04:01
According to Lookonchain monitoring, before the price of HYPE rose, a short trader was closing positions while selling HYPE. They unstaked 443,180 HYPE ($27 million), sold 231,899 HYPE ($14.15 million), and are still selling the remaining 211,281 HYPE ($13 million). They still hold a short position of 141,500 HYPE ($8.67 million), with an unrealized loss of over $2.5 million.
