A certain whale is conducting hedging operations on HYPE tokens and has deposited 11.23 million USDC into HyperLiquid in the past 14 days

PANews|Mar 31, 2025 00:22
According to OnchainLens monitoring, a giant whale is conducting hedging operations on HYPE tokens. In the past 14 days, the whale has deposited 11.23 million USDC into HyperLiquid and:
Open a short position on HYPE token (with 3x leverage) and currently generate a floating profit of $2.4 million.
Purchased 387417 HYPEs at a unit price of $13.12, spending a total of $5.08 million, with a current floating loss of $270000.
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