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"Shorts before the HYPE surge" giant whale admits loss, reduces position, and sells spot holdings

MeNews
robot
Abstract generation in progress
ME News Report, May 25th (UTC+8), according to Lookonchain monitoring, a whale that shorted before the HYPE price surged is now closing its short positions while selling HYPE. It has unlocked 443,180 HYPE tokens (approximately $27 million), of which 231,899 HYPE tokens (about $14.15 million) have already been sold, and 211,281 HYPE tokens (around $13 million) remain unsold. However, it still holds a short position of 141,500 HYPE tokens (approximately $8.67 million), with unrealized losses exceeding $2.5 million. (Source: BlockBeats)
HYPE1.1%
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MarketMakingForMoonlitDeepPool
· 35m ago
2.5 million dollars in tuition fees, HYPE teaches you how to behave
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GateUser-509018a9
· 4h ago
Unrealized loss of 2.5 million, how much is gained if realized
View OriginalReply0
GlassFishTankArbitrage
· 4h ago
27 million dollars in position, truly bold.
View OriginalReply0
Glass-HeartMarketMaker
· 4h ago
Short sellers get caught off guard, classic case
View OriginalReply0
LimeMulti-Signature
· 4h ago
Staked and sold half, kept half to gamble on a rebound?
View OriginalReply0
MirrorBallGazingAtTheSky
· 4h ago
8.67 million shorts are still open, betting on a pullback?
View OriginalReply0
Post-RainCancellationAgent
· 4h ago
14.15 million has been cashed out, the remaining 2.11 million is still being debated.
View OriginalReply0
CoralSlippage
· 4h ago
If only this whale had closed the position two days earlier, it would have lost half as much.
View OriginalReply0
LunaCircuit
· 4h ago
The short whale was counterattacked; this script is too classic.
View OriginalReply0
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