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After profiting $2.28 million, a whale turned bearish and opened a 5x short position on HYPE worth $13.6 million

2026-06-02 08:41

Odaily Planet Daily News According to Onchain Lens monitoring, a whale closed its long position on HYPE, making 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 worth approximately $10.75 million, with a spot profit of $6.4 million.