A certain whale spent 50.8 million dollars to increase its holdings in HYPE as a hedge against short positions
Bitget2025/03/31 01:11
According to Onchain Lens monitoring, a certain whale is short selling HYPE in spot hedging. In the past 14 days, this giant whale deposited 112.3 million USDC into HyperLiquid to short HYPE three times, making a floating profit of $2.4 million and purchased 387,417 HYPE at an average price of $13.12, spending $50.8 million and suffering a floating loss of $270 thousand dollars.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
PIMCO: Fed expected to cut rates by 50 bps at a time during the year
Bitget•2025/04/01 17:52
PumpBTC is open for airdrop collection
Bitget•2025/04/01 17:51
WAL rises above $0.58, up 25% in 24H
Bitget•2025/04/01 17:50
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$85,121.79
+2.03%
Ethereum
ETH
$1,908.18
+3.63%
Tether USDt
USDT
$0.9999
-0.02%
XRP
XRP
$2.13
+0.80%
BNB
BNB
$608.38
+0.13%
Solana
SOL
$126.3
+0.28%
USDC
USDC
$1
+0.01%
Dogecoin
DOGE
$0.1719
+2.71%
Cardano
ADA
$0.6777
+2.27%
TRON
TRX
$0.2364
-1.46%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now