Browsing: HYPE short position

In an exciting turn of events within the crypto realm, the HyperLiquid whale deposit has made headlines by showcasing a staggering 1.38 million USD in USDC recently transferred to the platform.This move not only highlights the confidence of big players in the market but also introduces a significant short position on HYPE, raising eyebrows and curiosity among crypto enthusiasts.

In a groundbreaking move, a prominent trader has established a substantial short position in HYPE, amounting to $2.9 million, by employing a 10x leverage strategy.This bold action highlights the growing trend of whale trading strategy in the cryptocurrency market, particularly for traders looking to capitalize on short selling HYPE.