A whale closed a long position in HYPE at a loss of $4.52 million, then immediately opened a short position of $19.34 million in HYPE.

Mars Finance reported on July 10 that, according to Lookonchain monitoring, a whale closed a HYPE long position held for two months at a loss of $4.52 million, and immediately shorted 283,948 HYPE (about $19.34 million) 10x.
HYPE0.48%
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