TechFlow news, May 23 — According to on-chain analyst Onchain Lens (@OnchainLens), a whale has closed its 5x short position on HYPE, incurring a loss of approximately $23.52 million. Over the past 23 days, the whale deposited 30.5 million USDC into Hyperliquid to increase its short positions and margin. The whale now has only $6.98 million remaining in its HyperLiquid account.
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