A certain trader has opened a short position on HYPE against BTC, with a total position value of over $10 million.

BlockBeats News, July 17th, according to OnchainLens monitoring, a trader opened a short position on HYPE against BTC:

Hold a short position of 145 bitcoins, worth $9.31 million, with an entry price of $64,657;

Hold a short position of 15,000 HYPE, worth $938,000, with an entry price of $64.2.