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TechFlow News: On June 2, on-chain analyst Onchain Lens (@OnchainLens) reported that a whale has closed its long position in HYPE, realizing a profit of $2.28 million, and opened a 5x short position in HYPE worth $13.6 million. Concurrently, the address sold 40,000 HYPE tokens for $2.85 million in cash and still holds 150,000 HYPE tokens—valued at approximately $10.75 million. Its spot position has generated cumulative profits of $6.4 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale has closed its long position in HYPE, realizing a profit of $2.28 million, and opened a 5x short position worth $13.6 million. Meanwhile, the address sold 40,000 HYPE tokens for $2.85 million in cash and still holds 150,000 HYPE tokens—valued at approximately $10.75 million. Its spot position has generated cumulative profits of $6.4 million.
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