A whale opened a 3x HYPE short position with a floating loss of $3.3 million.

Golden Finance reported that, according to Onchain Lens monitoring, a whale deposited 6.3 million USDC into Hyperliquid about 3 hours ago and opened a 3x short position on HYPE. The position is 692.2k HYPE, worth $49 million, with an entry price of $66.02 and a mark price of $70.78, resulting in an unrealized loss of $3.3 million. The total value of this whale's current 5 positions is $126.8 million, with a historical cumulative profit of $4.39 million.
HYPE-4.06%
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