From hedging to selling off, the big players' marginal decisions have changed

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MarsBitNews
HYPE's biggest short seller, oracle.hl, holds 2.1 million HYPE spot tokens and has started selling.
According to Ember Monitoring, HYPE's largest short position loracle.hl is not a naked short, but a hedge for the 2.1 million HYPE tokens (approximately $127 million) they hold. After HYPE reached a new high, they started selling spot holdings, transferring 557k HYPE (about $33.5 million) from HyperEVM to Hyperliquid and selling. Currently, they still hold about 557k HYPE (approximately $105 million) on the HyperEVM chain.
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