Single-Day Whale Dump of 300,000 HYPE Tokens, One Whale Address Now Holds a $24.3 Million Position

BlockBeats News, July 13th. An address starting with 0x4e2 is currently long 374,215 HYPE tokens with 5x leverage, with a notional value of approximately $24.287 million at an average price of $67.1. HYPE is currently trading at around $64.9, resulting in a unrealized loss of approximately $832,000 (about -16.6%). The margin used for this position is around $4.857 million,