According to Onchain Lens, a HYPE whale closed a long position for a $2.28 million profit and then opened a new 5x short position worth $13.6 million. The same whale also sold 40,000 HYPE for $2.85 million, continues to hold 150,000 HYPE worth about $10.75 million, and is sitting on $6.4 million in spot profit. This update concerns HYPE trading activity and is separate from earlier reports about large Ethereum sales, transfers, and leveraged ETH positions.