According to Onchain Lens and a market roundup, HYPE short sellers lost more than $36 million as a whale deployed $3.12 million in USDC on HyperLiquid to accumulate the token.
According to Onchain Lens and a market roundup, HYPE short positions lost more than $36 million while a whale deposited $3.12 million in USDC into HyperLiquid to buy about 45,900 HYPE. Onchain Lens reported the purchase as 45,887 HYPE at an average price of $68.09, while the roundup cited 45,900 HYPE, indicating a minor discrepancy in the token count. Together, the reports point to heavy short-side losses and sizable large-holder accumulation in HYPE, with the whale trade representing a notable directional position on the onchain trading platform.