Entity Closes HYPE Short Position Above $60, Losing Over $6.99 Million

On May 22, according to OnchainLens monitoring, two addresses associated with the same entity closed their HYPE short positions at an approximate price of $60.2, resulting in a loss of over $6.99 million. Subsequently, they withdrew the remaining USDC and deposited it into Coinbase.
HYPE-5.63%
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