A whale deposited $3.2 million into HyperLiquid to increase his short position in HYPE by 5 times

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On May 8, according to Onchain Lens monitoring, a whale further deposited 3.2 million USDC into HyperLiquid to increase the HYPE (5x) short position.

Its total deposit has now reached $13.56 million, with the current short position valued at over $35 million, experiencing an unrealized loss of $1.93 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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