A whale spends $4.26 million to purchase 100,000 HYPE tokens for staking
According to Onchain Lens monitoring, a whale deposited 8 million USDC into HyperLiquid and spent $4.26 million to purchase 100,000 HYPE at a price of $42.58 each, subsequently staking them. In addition, this whale also shorted HYPE with 10x leverage, SPX with 5x leverage, and FARTCOIN with 3x leverage. The whale also holds short positions in SOL, TRUMP, SUI, and BONK, and holds spot VAPOR. Overall, this whale has already earned over $28 million.
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.
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet

GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
