Whale 0xf02d Closes HYPE Short at $4.52M Loss, Immediately Reopens 10x Leveraged Short

HYPE-0.66%

According to Lookonchain, whale 0xf02d closed its HYPE short position at a loss of approximately $4.52 million recently, after holding it for nearly two months.

The whale did not exit the market, however, and immediately reopened a short position with 10x leverage for 283,900 HYPE tokens worth approximately $19.34 million.

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