TechFlow reports that on May 20, according to on-chain analyst Onchain Lens (@OnchainLens), a whale opened a 10x leveraged short position of 218,406 HYPE tokens within the past two hours. The position is valued at approximately $11.16 million, with a liquidation price of $60.90. Concurrently, the whale sold 64,401 HYPE tokens for roughly 3.08 million USDC.
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