A giant whale spent 10.50 million USDC to buy 287,153 HYPE, while opening 10 times short order hedging
2025-06-24 03:42:55
According to Spot On Chain monitoring, a giant whale spent 10.50 million USDC to buy 287,153 HYPE about 8 hours ago, with an average purchase price of $36.56. At the same time, the giant whale opened a 10 times leveraged HYPE short order. The current position size is roughly equivalent to the spot position, which may be hedging against potential short-term downside risks.
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