A Whale Shorted $11.16 Million in a 10x HYPE, Simultaneously Dumping Over 64,000 Spot Coins

BlockBeats News, May 20th, according to OnchainLens monitoring, in the past two hours, a whale opened a 10x leveraged short position for 218,406 HYPE, worth $11.16 million, with an average fill price of $49.76.

The whale also sold 64,401 HYPE for 3.08 million USDC.