Mars Finance News, May 21 — According to Onchain Lens monitoring, as HYPE continues to rise, a certain whale address (0x842) increased its 5x HYPE short position to 353,832 HYPE tokens, worth approximately $20 million. Currently, unrealized losses have exceeded $1.88 million. The address also sold another 61,044 HYPE tokens, bringing the total sold to 125,444 HYPE tokens, with a total value of about $6.5 million, and an average selling price of $52.

MarsBitNews

2026-05-21 07:56:26

Mars Finance News, on May 21, according to Onchain Lens monitoring, as HYPE continues to rise, a certain whale address (0x842) increased its 5x HYPE short position to 353,832 HYPE tokens, worth approximately 20 million USD, with current unrealized losses exceeding 1.88 million USD.
The address also sold another 61,044 HYPE tokens, bringing the total sold amount to 125,444 HYPE tokens, with a total value of about 6.5 million USD, and an average selling price of $52.

HYPE10.03%

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MetalKeyInsomnia

· 49m ago

Sold at an average price of $52, now probably regret breaking my leg.

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ApeWithNotes

· 11h ago

0x842 This move makes my scalp tingle, shorting at 5x leverage and selling even as losses grow

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TheNemesisOfFomo

· 11h ago

HYPE is rising so rapidly, short sellers are turning into fuel.

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MempoolNomad

· 11h ago

Whale's position management, can't learn, can't learn

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NodeOutsider

· 11h ago

Total sales exceed 60 million dollars, is this just mining and cashing out simultaneously?

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SandwichBlockSam

· 11h ago

1.88 million dollars in unrealized losses, I wouldn't even dare to type this hard on my keyboard

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MevTeaTime

· 11h ago

Is this whale stubbornly bullish or just bearish? Facing a nearly two million dollar unrealized loss, and still adding to the short position.

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A certain whale increased its short position with a value of approximately $20 million in HYPE, and its unrealized losses have already exceeded $1.88 million.

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