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A certain whale liquidated their HYPE long position with a loss of $3.22 million, then shorted SP500 with 50x leverage.

2026-06-09 06:22:59

Mars Finance News, June 9th, according to Onchain Lens monitoring, address 0x97f closed its long position in HYPE, incurring a loss of 3.22 million USD, then sold 165,391 HYPE tokens at spot price, making a profit of 1.98M USD. Afterwards, the address opened a 15,000 share S&P 500 short position with 50x leverage, with a notional value of 111.38 million USD, ultimately executing at a price of $8,295.66 per share.

HYPE1.66%

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