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The whale Loracle.hl has started selling HYPE spot, while simultaneously shorting HYPE with 5x leverage.

BlockBeats News, April 30th - According to OnchainLens monitoring, the HYPE whale Loracle.hl started selling after receiving 556,825 HYPE tokens, amounting to $22 million. At the same time, they leveraged 5x to open a short position worth over $32 million in HYPE.

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