A Major Whale Sells Over 340,000 HYPE to Short the Market, Holding More Than $70 Million in Short Positions
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to ChainCatcher, on-chain data shows that early Hyperliquid whale Inga_no has sold a large amount of HYPE tokens over the past two days to supplement margin for his short positions and to short the market. He currently holds a total notional value of $70 million in short positions, distributed across ETH ($56 million), XRP ($5 million), SOL ($5 million), and BTC ($5 million).
In the past 24 hours, he has sold a total of 342,000 HYPE tokens (worth approximately $144 million).
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$81,819.1
-2.01%
Ethereum
ETH
$2,438.22
-2.99%
Tether USDt
USDT
$0.9988
-0.01%
BNB
BNB
$733.08
-1.52%
XRP
XRP
$1.34
-2.54%
USDC
USDC
$0.9998
-0.00%
Solana
SOL
$104.53
-2.78%
TRON
TRX
$0.3333
+1.99%
Hyperliquid
HYPE
$80.69
-0.45%
Zcash
ZEC
$1,163.75
-2.37%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now