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Data: After a whale closed out its HYPE long position and made a profit of $2.28 million, it opened a $13.6 million short position

MarsBitNews
Mars Finance News, according to Onchain Lens monitoring, a major whale closed its HYPE long position, realizing a profit of 2.28 million USD. It has now switched to a 5x short position on HYPE, valued at 13.6 million USD.
The address also sold 40k HYPE tokens, worth 2.85 million USD, and currently still holds 150k HYPE tokens (approximately 10.75 million USD), with spot profits of 6.4 million USD.
HYPE-0.84%
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RedTelephoneBoothSite
· 6h ago
Does HYPE have any recent negative news? Please point me in the right direction.
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SandwichDodger
· 6h ago
A profit of 2.28 million faces a significant risk of being pulled back; what about 5 times?
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BlackVelvetBluePeony
· 6h ago
Just sold 40k tokens and then went short, you're well-informed.
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GateUser-deff9ed8
· 6h ago
2.28 million in hand and still shorting back; this move is textbook-level.
View OriginalReply0
MintLiquidationWarning
· 6h ago
5x short + spot hedging, what kind of nested game are the whales playing
View OriginalReply0
VolatilityOfToastingBread
· 6h ago
Whale movements usually mean something, do you follow or not?
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GateUser-8acf43da
· 6h ago
How has this address's historical performance been? Has anyone looked into it?
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OrderCancellerAfterTheRain
· 6h ago
150k units of base holdings + 13.6 million short positions, long and short both profitable?
View OriginalReply0
AirdropJanitor
· 6h ago
HYPE's volatility, those willing to use 5x leverage are not ordinary people
View OriginalReply0
BlackGoldMechanicalHand
· 6h ago
4.6 million in spot profit, the short squeeze liquidation line must be calculated clearly
View OriginalReply0
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