A whale has 10x shorted 226,300 HYPE tokens, with a position worth approximately $9 million.

BlockBeats News, March 21st, according to OnchainLens monitoring, a whale address deposited $3 million USDC into HyperLiquid and opened a 10x leveraged short position in HYPE, shorting 226,310 HYPE tokens, with a notional value of approximately $9 million.

Prior to this, the whale had held a HYPE short position for 48 days, ultimately liquidating at a loss of $197,000.