After making $2.28 million in profit from a long position, a whale has opened a 5x short on HYPE worth $13.6 million.

According to Onchain Lens monitoring, a whale closed their HYPE long position, taking a profit of $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 but still holds 150,000 HYPE, with a position value of approximately $10.75 million, resulting in a spot profit of $6.4 million.