A whale identified as 0x4e23 placed 62 HYPE limit sell orders from last night through this morning, with prices ranging from $57.27 to $58.34. According to Odaily, the remaining planned sales total about 320,400 HYPE, with a notional value of about $18.461 million and a weighted average order price of about $57.62.
Fifty-five of the sell orders were concentrated between $57.27 and $57.74, covering about 273,200 HYPE worth about $15.709 million and accounting for 85.3% of the total orders. Another seven orders were placed between $58.22 and $58.34, with a value of about $2.752 million.
The whale is also holding a 5x leveraged short position of about 71,900 HYPE, with a position value of about $3.985 million and an average entry price of $57.17. The position shows unrealized profit of about $126,000, or 15.3%.
If all remaining orders are filled, the whale's HYPE short position would rise to about 392,300 HYPE. The combined average entry price would be about $57.54, and the position size would expand to about $22.572 million.
Whale Places 62 HYPE Sell Orders and Holds 5x Short Position
2026-07-28 07:03:39
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
